TASHKENT, Uzbekistan, January 30. Uzbekistan
and Türkiye’s Limak company discussed prospects for cooperation in
the construction of hydroelectric power plants, Trend reports via the
Ministry of Economy and Finance of Uzbekistan.
The issue was reviewed during a meeting between Deputy Prime
Minister of Uzbekistan Jamshid Kuchkarov and Sezai Bacaksiz,
Founder of Limak.
During the talks, it was noted that Limak has successfully
constructed 10 hydroelectric power plants in Türkiye, and this
experience could be effectively applied in Uzbekistan.
The sides also discussed Limak’s potential participation in
promising projects related to the modernization and management of
one of Uzbekistan’s international airports. It was emphasized that
the company has extensive experience in airport management under
public-private partnership frameworks in Kuwait, Senegal, and
Kosovo.
Uzbekistan operates 58 hydroelectric power stations with a total
capacity of 2,233 MW, up from 35 stations in 2017. The government
aims to build nearly 3,000 micro-hydropower plants by 2026,
increasing renewable energy capacity by 164 MW. In 2023, 8 stations
were constructed, including 3 large and 5 micro-hydroelectric
plants. The Tashkent region accounts for 60% of the total capacity
with 25 operating HPPs. Additionally, a World Bank-funded project
from 2025 to 2030 will support the construction of 150 MW of small
hydropower plants.
Limak’s annual revenue amounts to $4.1 billion. The company
ranks first in Türkiye’s construction sector and is among the
world’s top 20 largest construction companies.
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