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French company to modernize heating network of Uzbekistan's capital in next 30 years

Construction Materials 29 June 2020 16:24 (UTC +04:00)
French company to modernize heating network of Uzbekistan's capital in next 30 years

BAKU, Azerbaijan, June 29

By Ilkin Seyfaddini - Trend:

The Uzbek government has approved a project on long-term operation, maintenance and modernization of the district heating network in Tashkent, Trend reports with reference to Nuz.Uz news agency.

The French company Veolia Environnement will be in charge of the capital's heat supply system for 30 years. The cost of upgrading the system is nearly 1.4 billion euros.

To date, the loss of heat energy at Uzbek Toshissikkuvvati state unitary enterprise is 42 percent. In 2019, the company suffered a net loss of 446.5 million soum ($43,680), and the state subsidies for the year exceeded 640 million soum ($62.659).

According to the modernization project, in the medium term, the overall efficiency of the heat supply system will increase by 50 per cent and the coverage of consumers by 15 percent.

Veolia Environnement is a French multi-profile company based in Paris. Founded in 1999, it specializes in three areas: water supply and treatment (for both municipal and industrial customers), utilities (including garbage collection and disposal), and energy (electricity supply, microclimate maintenance, installation and maintenance of energy and heating equipment).

Last year, the company provided 98 million people with drinking water, produced almost 45 million megawatt hours and processed 50 million tons of waste.

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