AGREEMENT SIGNED WITH GERMANY’S LEMAN SWMS INVESTMENT CONSORTIUM FOR THE MODERNIZATION OF 19 PUMPING STATIONS
2026-06-19 15:35:00 / News
Within the framework of the 5th Tashkent International Investment Forum, the Ministry of Water Resources of the Republic of Uzbekistan and the German consortium Leman SWMS Investment signed a Power Purchase Agreement (PPA) under a project providing for the construction of solar photovoltaic power plants with a total installed capacity of up to 800 MW across nine sites, as well as battery energy storage systems with a capacity of up to 400 MWh.
The signed agreement constitutes the energy component of the investment project "Modernization of 19 Large Pumping Stations, Construction of Solar Power Plants and Energy Storage Systems to Supply Electricity for the Own Needs of Pumping Stations within the System of the Ministry of Water Resources", implemented within the framework of the goals and priority areas of the Concept for the Development of the Water Sector of the Republic of Uzbekistan for
2020–2030.
The project envisages attracting approximately USD 940 million in investments. It is aimed at improving the energy efficiency of pumping stations, reducing the burden on the State Budget, developing modern water infrastructure, and increasing the share of renewable energy sources in meeting the energy needs of pumping stations.
The project is scheduled for implementation during 2027–2030. It will incorporate advanced technological and engineering solutions, including engineering services provided by the German company PSE Engineering GmbH, inverter equipment manufactured by the German company SMA Solar GmbH, as well as technologies developed by the U.S. company NextPower for the foundations and tracker systems of solar power plants. In addition, UET Group, in particular JSC "O'ZBEKENERGOTA'MIR", will participate in the project as the local partner of the Leman SWMS Investment consortium.
During the modernization of the pumping equipment, a number of leading international manufacturers of pumps and related equipment are expected to be engaged, including KSB SE & Co. KGaA.
The financing of the project is expected to involve a syndicate of major German banks, including DZ Bank, one of Germany's largest banks.
The implementation of this project will serve as an important step towards the modernization of pumping infrastructure, strengthening the sustainability of the water management system, and introducing energy-efficient technologies into the water sector.
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