Uzbekistan plans Public-Private Partnership projects worth $3.8 billion

Of the total number of projects, four have already signed implementation agreements, another four are at the stage of signing the agreement, and seven are at the tender stage. Feasibility studies are being prepared for the remaining 17 projects.

It is noteworthy that energy projects account for a large share of total PPP investments. Most of the funds are directed to the construction of new energy facilities – thermal power plants, as well as photovoltaic and wind-based solar and wind power stations.

Projects under way include the construction of a 100 MW solar power plant in the Navoi region, jointly with the investment company Masdar (UAE) and with the support of the International Finance Corporation; the construction of a 100 MW solar power plant in the Samarkand region jointly with the French company Total Eren; the construction of 1500 MW Syrdarya Thermal PP jointly with ACWA Power (Saudi Arabia) and with the support of Dentons, White & Case; the construction and reconstruction of more than 35 km of existing water and sewage networks, as well as modernization of drinking water infrastructure in the Khorezm region.

Such a larger number of projects in the energy sector, according to the agency’s experts, is caused by the growth in population and living standards (which leads to increased energy consumption), as well as increased levels of urbanization.

In addition, according to forecasts, the total electricity consumption during the peak period (winter time) in 2030 may reach more than 20.9 thousand MW compared to 10.4 thousand MW in 2019. This will require the generating capacity to double by 2030.