Baku, Azerbaijan, July 11
By Fikret Dolukhanov – Trend:
The state share in Uzbekenergo JSC will be increased as a result of placement of ordinary registered shares of the company with a face value of 1,000 soums for a total of over 7.4 trillion soums by closed subscription, the Uzbek energy company announced.
Uzbekenergo JSC is one of the main producers and suppliers of electric energy in Uzbekistan and fully meets the needs of the economy and the population of the country in electric energy.
The main goal of the power industry is to meet the growing needs of consumers in electric power, as well as modernization and reconstruction of existing power plants and networks, construction of new generating capacities based on highly efficient energy production technologies, improvement of the electricity metering system, diversification of fuel and energy resources with development use of renewable energy sources.
Development strategy of the power industry until 2021 provides for implementation of 62 investment projects affecting all areas of the republic’s energy sphere.
(7813.42 soums = $1 on July 11)
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