Cengiz Holding plans 550 MW power plant in Uzbekistan's Jizzakh region

Turkish company Cengiz Holding plans to commission a 550 MW combined-cycle gas power plant in Uzbekistan's Jizzakh region by the end of 2026. Chairman Mehmet Cengiz announced this at a meeting with President Shavkat Mirziyoyev on October 16.

Cengiz said the project is the company's third energy project in Uzbekistan, with an estimated cost of about $800 million. He stated that the holding's total investment in the country has exceeded $900 million. After the projects in the Tashkent and Syrdarya regions, he said the total installed capacity of the company's facilities will reach 1,010 MW.

Cengiz also said the company is considering a fourth investment project in Uzbekistan and is looking at opportunities beyond energy. Mirziyoyev asked the holding to submit proposals for participating in the construction of New Tashkent. A 2023 decree had planned for the Jizzakh plant to be commissioned in 2025.