Reducing grid losses to become priority for energy investment, president says

Uzbek President Shavkat Mirziyoyev is holding an open dialogue with investors in the fuel and energy sector, presidential press secretary Sherzod Asadov said.

The head of state noted that the sector has grown over the past decade thanks to private investment and public-private partnership. Since 2016, $35 billion has flowed into energy, and partner countries now exceed 10. Solar, wind and hydro plants total 11.1 GW, and renewables make up 31% of total generation.

Six large projects worth $4.7 billion have been signed, providing for 3 GW of generation and 400 MW of storage. Mirziyoyev said improving supply and cutting grid losses will now be a priority alongside launching new capacity. The target is 22,000 MW of new capacity by 2030, lifting annual output to 129 billion kWh, 54% from green sources.