Uzbekistan holds talks with Egypt's El Sewedy Electric
BAKU, Azerbaijan, Feb. 22
By Ilkin Seyfaddini – Trend:
Minister of Energy of Uzbekistan Alisher Sultanov held a meeting with President and CEO of El Sewedy Electric (Egypt) Ahmed El Sewedy, Trend reports with the reference to the Ministry of Energy of Uzbekistan.
The sides discussed possibilities of cooperation and using international experience of Egyptian company in development of Uzbek energy sector.
El Sewedy Electric has 30 production facilities in 15 countries with more than 15,000 employees. The company's revenue in 2018 amounted to $2.1 billion.
Sultanov briefed the Egyptian company's head on projects under preparation on construction of new generating capacities: 1,000 MW solar power plant and 1,300 MW thermal power plant in Syrdarya region of Uzbekistan.
It was noted that Uzbek Ministry of Energy is interested in developing cooperation with El Sewedy Electric in such priority areas as creation of a data center, coal mining, which is based on advanced technologies, as well as investment in deep processing of hydrocarbon raw materials.
Ahmed Elsewedy expressed great interest in the processes of reforming the electric power industry of Uzbekistan and those projects to be implemented in the country to ensure energy security and development of generating capacities.
An agreement was reached on detailed consideration of the presented projects.
Follow author on Twitter: @seyfaddini