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INVESTMENT ACTIVITIES


In accordance with the Decree of the President of the Republic of Uzbekistan No. PD-4707 dated March 4, 2015 and other Governmental decisions, JSC "Uzbekenergo" implements 52 investment projects providing for:

JSC "Uzbekenergo" implements investment projects that provide:

- introduction of modern technologies of combined production of electric and thermal energy based on combined-cycle plants;

- increase in the fuel and energy balance of the share of solid fuels and hydroelectric resources with the reconstruction of existing coal-fired power plants, as well as the modernization and reconstruction of existing hydroelectric power stations;

- construction of power transmission lines and substations with a voltage of 220-500 kV for transmission of electric power;

- modernization of the system, accounting for electricity consumption by equipping consumers of the household sector with modern electronic meters and organizing an automated system for monitoring and recording electricity - ASKUE.

In order to ensure a large-scale reform and dynamic development of the energy industry, active work is carried out with international financial institutions and foreign partners, which allows attracting advanced foreign experience and additional foreign investments into the industry, as well as the introduction of efficient highly modern equipment.

In order to ensure stable energy supply to the republic's consumers, as well as to reduce the unit costs of energy resources for the delivery of products, in 2016 two blocks of combined-cycle plants at the Talimarjan TPP with a capacity of 450 MW with annual output of more than 7 billion kWh per year were put into operation. A 150 MW power unit was put into operation at Angren TPP with an annual output of more than 900.0 million kWh of electricity, with a high-ash coal consumption of about 910,000 tones.

The work on the expansion of the Navoi TPP with the construction of a second 450 MW CCGT unit, the Takhiatash TPP with the construction of two combined-cycle plants with a total capacity of 560 MW, and the construction of a new Turakurgan thermal power plant with a total capacity of 900 MW in the Namangan region are continuing at an accelerated pace.

Within the framework of the Uzbek-Japanese partnership for the implementation of technologies to strengthen the energy sector with the involvement of the Government of Japan, it is planned to implement a number of projects to modernize the generating capacities, such as the construction of 4 GTUs at 27 MW in the Yunusabad district of Tashkent and the introduction of modern technologies at the Fergana TPP.

Within the framework of measures to further develop the unified rail network of the Republic, JSC "Uzbekenergo", at the expense of the industry's own funds, construction of external power supply facilities for the railway line Pap-Kokand-Andijan and Navoi-Kanimeh-Miskent are being planned.

At present, economic interests, as well as the need to ensure the country's energy independence require solving the problem of fuel diversification by increasing the share of other energy carriers.

The Republic of Uzbekistan has significant reserves of renewable energy sources (wind, sun, hydraulic energy), which determine the appropriateness of their involvement in the fuel and energy balance. The duration of sunshine for different regions of the Republic varies from 2650 to 3050 hours per year. The gross potential of solar radiation is estimated to be from 525 billion kWh to 760 billion kWh per year. The forecast potential of the wind power industry in Uzbekistan, estimated by European companies, is more than 520 thousand MW of installed capacity with production of more than 1.0 trillion kWh of electricity per year. In the future, up to 2021, it is planned to commission 3 solar photovoltaic stations in the Samarkand, Navoi and Surkhandarya regions and one wind farm in Navoi region with a total capacity of 402 MW and an annual power generation of up to 830 million kWh

In order to develop renewable energy, primarily in the use of hydropower potential, investment projects are being implemented to modernize and reconstruct the hydroelectric power stations of the Tashkent, Kadyrin, Nizhne-Bozsu and Shahrikhan cascades, as well as the Farhad hydro power plant with the involvement of international financial institutions.

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