On 8 October, Minister of Energy of the Republic of Uzbekistan Alisher Sultanov held a meeting with the British Ambassador to Uzbekistan Timothy Torlot and the Ambassador of the Region for Climate Change David Moran. During the negotiations, information was provided that Uzbekistan has set itself the task of bringing the volume of generation based…

Today, on 9 October, an opening ceremony of the Tajikistan and Uzbekistan Trade House was held in Dushanbe. The purpose of the creation of the Trading House is to create a number of facilities for entrepreneurs on the territory of the Republic of Uzbekistan. That is, entrepreneurs provide practical assistance in finding new buyers by…

Fitch Ratings has affirmed Uzbekistan’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘BB-’ with a Stable Outlook. Uzbekistan’s ratings balance robust external and fiscal buffers, low government debt and a record of high growth relative to ‘BB’ rated peers against high commodity dependence, high inflation and structural weaknesses in terms of low GDP per capita…

President Shavkat Mirziyoyev arrived in the Syrdarya region on 7 October, where he got acquainted with the activities of the joint venture “Sirdaryo Mega Lux”. Last year, the production of large-capacity polypropylene bags was launched here. These bags, also known as flexible containers, can carry loads between 500 and 5,000 kilograms. They are widely used…

For two and a half years since the establishment of the Ministry of Energy of the Republic of Uzbekistan, 18 investment agreements in the electric power industry have been signed for the construction and commissioning of power plants with a total capacity of 7,331 MW by 2025 (this is 50% of the current power generation…