Uzbekistan President Shavkat Mirziyoyev is holding an open dialogue with investors in the fuel and energy sector, presidential press secretary Sherzod Asadov reported.
The president noted that the sector had developed over the past decade thanks to private investment and the expansion of public-private partnerships. Since 2016, the energy sector has attracted $35 billion in investment, with the number of partner countries exceeding 10.
The combined capacity of solar, wind and hydropower plants has reached 11.1 GW, while renewable energy sources account for 31% of total electricity generation. Per capita electricity production has increased by 28% to 2,300 kWh.
Six agreements have been signed for major projects worth a total of $4.7 billion. They provide for the development of 3 GW of generation capacity and 400 MW of energy storage capacity.
Uzbekistan has gained significant experience in developing energy projects and cooperating with investors, Mirziyoyev said. Alongside commissioning new capacity, improving electricity supply and reducing losses in the power grid will now be key priorities.
By 2030, the country aims to develop 22,000 MW of new capacity. This is expected to increase annual electricity generation to 129 billion kWh, with green energy sources accounting for 54% of the total.
The president added that a recently signed decree clearly defines the responsibilities of the state and businesses in the fuel and energy sector. At the current stage of project implementation, he said, the government will ensure open competition, transparent rules and strict compliance with agreed terms.
The English version of this material was generated with the assistance of AI translation tools and may differ slightly from the original text.
