In order to ensure a reliable and uninterrupted supply of domestic consumers with electric energy, increase the volume of exports of domestic electricity and introduce modern new generation technologies into the electric power industry in the era of the Revival of the new epoch of the powerful state, the President of Turkmenistan signed a Resolution, allowing the State Electric Power Corporation «Türkmenenergo» to enter into a contract with the company «Çalik Enerji Sanayi ve Ticaret A.Ş.» (Republic of Türkiye) contract for the construction of a 1574 MW combined cycle power plant in the Turkmenbashy etrap of Balkan velayat, power transmission lines for its connection to the power grid and the purchase of necessary spare parts for existing state-owned power plants.

According to the document, the terms of the contract also provide for the reconstruction or construction of new external supply engineering systems and structures for the power plant for electricity, gas, water supply, communications and sewerage with connection to the citywide network.

The document stipulates that construction work should begin in November 2023 and the facility will be fully ready for operation in May 2027.