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Uzbekistan talks projects implemented on improving country's energy sector

Uzbekistan Materials 15 April 2021 09:34 (UTC +04:00)
Uzbekistan talks projects implemented on improving country's energy sector

BAKU, Azerbaijan, Apr. 15

Trend:

As many as 61 agreements have been signed-in Uzbekistan as of today on attracting external debt under a state guarantee in order to improve the activity of the energy sector, increase production capacity, technical and technological re-equipment, Trend reports citing the Uzbek Dunyo news agency.

According to the press service of Uzbekistan’s Energy Ministry, of the 61 agreements, 50 are related to electricity and 11 - to oil and gas. Their total value exceeded $9.9 million, of which over $5.7 million were attracted.

“Thus, in 2020, the Uzbekneftegaz company carried out 4 projects under this program at the expense of foreign funds attracted under the state guarantee, in particular, these are GTL Uzbekistan projects, increasing the capacity of the Shurtan gas chemical complex, as well as the Program for increasing hydrocarbon production by 2017-2021 years. The total cost of the GTL Uzbekistan project is $3.6 billion, of which $2.3 billion is from the International Financial Institute and foreign financial institutes,” the ministry said.

“Currently, within its framework, design work has been completed by 99 percent, construction and installation work - by 95 percent. After the launch of this project, which is scheduled for July, 3.6 billion cubic meters of gas will be processed annually with the production of 1.5 million tons of synthetic liquid fuel. As a result, various products worth 7.8 trillion soums will be produced per year and exported for more than $123 million. Around 1.5 trillion soums will be transferred to the state budget,” the ministry’s press service stated.

“Besides, in order to improve power supply, Thermal Power Plants (TPPs) has implemented 8 projects. These include projects with a capacity of 370 MW at the Tashkent TPP (1 project), 900 MW - at the Talimarjan TPP (2 projects), 450 MW - at the Navoi TPP (2 projects), 900 MW - at the Turakurgan TPP (2 projects), 560 MW - at the Takhiatash TPP (2 projects). Only the launch of one Turakurgan TPP at full capacity made it possible to meet the basic needs for electricity in the Fergana Valley, including the Namangan, Andijan and Fergana regions,” the ministry’s message said.

“Another major project is the implementation of the Automated Electricity Metering and Control System (ASKUE). The total cost of the project is $552 million. As of today, about 6.5 million modern electronic counters have been installed in the country,” the message added.

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