Major projects in the energy sector considered

On July 12, President Shavkat Mirziyoyev got acquainted with a presentation on the implementation of major energy projects in partnership with the United Arab Emirates.

Uzbek-Emirati cooperation is developing dynamically. Since the beginning of this year, the volume of mutual trade has doubled, and 45 new enterprises have been created in our country with the participation of capital from the UAE.

The mutually beneficial partnership covers many sectors of the economy, of which one of the most important is energy.

Last year, together with the Emirati company Masdar, the first large solar power plant in our country was launched in the Navoi region. Today it supplies 1 million 180 thousand kilowatt-hours of electricity per day.

The implementation of another 5 large energy projects, the total cost of which is almost $3 billion, has been agreed upon. These are the privatisation and increase in the capacity of the Talimarjan TPP with the companies Mubadala and TAQA, the construction of a wind power plant in the Navoi region and photovoltaic stations in the Surkhandarya, Samarkand and Jizzakh regions with the Masdar company.

It should be noted that this year a new mechanism for the development and coordination of economic cooperation with the UAE was launched.

The meeting considered the implementation of these projects based on this system.

Responsible persons provided information on the current status of projects and activities planned until the end of the year.

The head of state noted that these projects would create the basis for the stability of the energy system and a further increase in the inflow of investments in the economy.

Speaking about the privatization of the Talimarjan TPP, the President stressed that the project should become a model for the management of the republic’s thermal power plants and efficient electricity production.

The projects to be implemented in the field of renewable energy together with Masdar will be an important step towards bringing the share of green energy to 25 percent by 2030.

In this regard, the need was emphasized to speed up the process of signing the necessary agreements and documents in order to launch practical work on the implementation of these projects.

 

Source: president.uz