TAQA is exploring strategic power investments opportunities in Uzbekistan that collectively could be worth more than $3 billion.
These opportunities include new and existing power plants as well as associated power infrastructure.
This follows a collaboration agreement between TAQA and the government of Uzbekistan to identify areas of mutual interest.
TAQA, also known Abu Dhabi National Energy Co, is one of the largest listed integrated utilities in the Middle East.
An implementation agreement signed under this collaboration covers proposals for a greenfield combined cycle power plant with a capacity of approximately 1.5 GW.
The new project is set to be developed adjacent to the existing Talimarjan power complex where TAQA has already announced plans to invest in the privatisation of two gas-fired power plants.
The new partnership is expected to cover the design, financing, engineering, procurement, commissioning, testing, ownership and operation of the power plant by TAQA.
The agreements are also looking at opportunities to invest in existing and further greenfield gas-fired power generation plants with a combined capacity of more than 3GW along with electricity transmission and distribution infrastructure in Uzbekistan.
