TASHKENT, Uzbekistan, May 4. Uzbekistan has
increased electricity production by 1.5 times to 87 billion
kilowatt-hours since 2016, President Shavkat Mirziyoyev said,
Trend reports.
Speaking at the 59th Annual Meeting of the Asian Development
Bank Board of Governors in Samarkand on May 4, the President noted
that the growth, driven by large-scale energy investment projects
worth $35 billion, reflects the results of wide-ranging reforms and
modernization efforts in the energy sector over the past years.
According to him, Uzbekistan has commissioned large wind and
solar power plants with a total capacity of 5,600 megawatts in
cooperation with leading international companies.
As a result, the share of renewable energy in total electricity
generation has reached 30%, with a target of increasing it to 54%
by 2030.
He also highlighted the Asian Development Bank’s support in
developing a regional “green energy corridor” linking Central Asia
and Europe to expand clean electricity exports.
Meanwhile, Uzbekistan and the Asian Development Bank (ADB) have
agreed on a new $12.5 billion partnership programme running until
2030, focusing on key national and regional development priorities.
Under the new framework, priority areas include support for the
mortgage market, private sector growth, youth and women
entrepreneurship, poverty reduction, reforms in inclusive education
and human capital development, as well as the introduction of
digital innovations.
