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UAE’s Masdar wins Uzbek Sherabad solar power plant tender ahead of four other bids

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Abu Dhabi Future Energy Company, also known as Masdar, has won the tender to build a 457 megawatt photovoltaic solar power plant in the Sherabad district of Uzbekistan’s Surkhandarya province, the Central Asian nation’s energy ministry said on Wednesday.

Masdar made the lowest bid of $0.018045/kWh on the Sherabad solar tender, placing it well ahead of four other competitors.

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The project is part of a wider program to construct solar plants with total capacity of 1 gigawatt, backed by the Asian Development Bank.

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