Author: Javohir Usmonov
Javohir focuses on Uzbekistan's business environment, state-owned companies, financial regulation and the relationship between public institutions and private enterprise.
Turkish energy company Aksa Enerji plans to sign agreements within a week to manage electricity distribution networks in Tashkent, Jizzakh and Syrdarya regions, extending a model already in place in Samarkand under a 30-year public-private partnership.
Uzbekistan’s Deputy Minister of Investments, Industry and Trade Shohrukh Gulyamov held a series of bilateral meetings with major UAE companies in Abu Dhabi, advancing project frameworks for water treatment in New Tashkent, logistics digitalisation, gas transportation financing and urban development.
Saida Mirziyoyeva, Head of the Presidential Administration, met Henderson Land Group Chairman Peter Lee on October 16 to discuss potential joint projects in renewable energy, New Tashkent infrastructure and education, as Tashkent seeks to deepen investment ties with Hong Kong’s largest holding companies.
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.
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.
The State Assets Management Agency has confirmed the cancellation of oil-field licenses held by Sanoat Energetika Guruhi and the termination of the $100 million Fergana Oil Refinery sale, as the company’s financial collapse leaves nearly 39,000 workers owed $131 million in wages.
President Shavkat Mirziyoyev has announced a new Investors’ Council for the fuel and energy sector, to be led by Saida Mirziyoyeva, head of the Presidential Administration, after international energy companies cited persistent bureaucratic obstacles to project delivery.
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.
Turkmengaz has halted natural gas deliveries to Russia’s Gazprom following a breakdown in price negotiations, ending a five-year supply arrangement that had delivered 5.5 billion cubic metres annually. The head of the Turkmen state concern says commercial talks are continuing, while Ashgabat simultaneously pursues a fourth pipeline branch toward China.
Six major energy projects worth $4.7 billion were signed at a meeting chaired by President Shavkat Mirziyoyev, who also ordered the preparation of the country’s first National Energy Master Plan through 2050 and announced a new Investors Council to cut bureaucratic delays.
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