Author: Javohir Usmonov

Javohir focuses on Uzbekistan's business environment, state-owned companies, financial regulation and the relationship between public institutions and private enterprise.

President Shavkat Mirziyoyev has announced the creation of an Investors’ Council for the fuel and energy sector, appointing Saida Mirziyoyeva, head of the Presidential Administration, to lead the body. The council is designed to resolve persistent administrative bottlenecks — from land allocation to grid connections — that have slowed major energy infrastructure projects.

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Six energy agreements worth US$4.7 billion were signed at an investor dialogue chaired by President Mirziyoyev, adding 3,000 MW of generation and 400 MW of storage capacity. A new Investors’ Council will be chaired by Presidential Administration head Saida Mirziyoyeva, while tenders for a further 2,200 MW of solar and wind capacity are imminent.

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The Asian Infrastructure Investment Bank has signed two grant agreements totaling USD 1.1 million with Azerbaijan to fund early-stage feasibility work on the Caspian Green Energy Corridor, a cross-border project that would connect Uzbekistan’s power grid to Azerbaijan and Kazakhstan through a proposed 400-kilometre submarine electricity cable.

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