The project was included to the programme on priorities of industrial development of Uzbekistan in 2011-2015.

Total cost of the project makes up US$272.8 million. Chinese Eximbank will issue loan for US$113.8 million, while Fund for Reconstruction and Development of Uzbekistan – US$51.3 million. The own funds of enterprise will make up US$107.7 million.

Implementation of the project will help to produce 7 billion KWH electricity with mining of 6.43 million tonnes of coal.

Capacity of Novo-Angren thermal power station is 2,100 megawatt. The first power-generating unit was commissioned in 1985 and last seventh in 200. The station provides electricity to industrial objects and population of Tashkent region. Novo-Angren thermal power station is one of two power stations in Uzbekistan, which partially work in coal (during winter – heating season).