Uzbekistan to plan power needs by region in advance and tender ready projects openly
Uzbek President Shavkat Mirziyoyev is holding an open dialogue with investors in the fuel and energy sector. He noted that in the initial stage, projects to quickly build green capacity were often located in areas proposed by investors. This attracted significant investment, but in some places capacity became concentrated and the cost of transmitting electricity to other regions increased.
“We need not separate power stations but an interconnected energy system,” the President said. Going forward, the capacity needed in each region will be planned in advance and ready projects will be offered in open tenders. For each project, the land area, grid connection point and timeline, electricity purchase terms and payment conditions will be announced beforehand. Requirements will be equal for all investors, and mechanisms to strengthen payment discipline and reduce risks will be reinforced.
Soon, six solar and wind power stations with a combined capacity of 2,200 megawatts will be offered in an open tender. The President invited investors to take part in these projects.
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