Taqa in deal to develop major Uzbek water project
This agreement marks its second mega water infrastructure project in Uzbekistan and a significant step towards the vision of a modern and sustainable New Tashkent City by providing reliable, clean water to serve approximately 2 million people, said a statement from Taqa Water Solutions.
The MoA signifies the commencement of a crucial phase in the development of this vital water infrastructure project, where, under the terms of the agreement, Taqa Water Solutions is granted a period of exclusivity to develop a comprehensive proposal for the project.
This will involve conducting thorough technical and financial assessments to confirm the project's viability and develop proposals for a bankable, sustainable solution, it stated.
The agreement was signed by Ahmed Al Shamsi, CEO of Taqa Water Solutions, and Maksud Abbaskhanov, Deputy Director of the New Tashkent City Directorate.
Upon completion, the new water infrastructure project will provide sustainable drinking water sourced from the Charvak Mountain Reservoir to people in New Tashkent City.
It will feature a state-of-the-art water treatment plant empowered with advanced technologies to ensure the delivery of high-quality drinking water that meets the highest international standards.
According to Taqa, the 65-km-long pipeline will transport water, with a daily capacity of over 500,000 cu m, producing up to 20 megawatts of hydro-power to ensure a reliable and consistent supply of clean water, bolstering the continued growth and development of New Tashkent City by meeting its increasing current and future water needs.
Valued at AED2 billion, the project demonstrates an investment in the bright future and rapid growth of New Tashkent City. By securing the city's long-term water supply, the project paves the way for economic growth and aims to elevate the quality of life for the entire community.
On the deal, Al Shamsi said: "Building on last year's success in leading the development of Tashkent's largest wastewater treatment plant, we are eager to embark on developing comprehensive evaluations and assessments for this new project that will set new standards for sustainable resource management and contribute to the long-lasting wellbeing and prosperity of the New Tashkent City community."
Abbaskhanov pointed out that this project will cater to the water needs of the people of New Tashkent.
"This agreement is a significant step, and I am more than confident that the cooperation we have had over the past couple of months in developing this agreement has laid a solid foundation for the next steps," he noted.
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