BAKU, Azerbaijan, March 11. Khokimiyat of Tashkent city (local government) will attract credit funds in the amount of 220 billion soums ($19.2 million) from the National Bank of Uzbekistan for the purchase of low voltage transformer stations and cable products, Trend reports via Uzbekistan’s Ministry of Energy.
According to the ministry, the sum of money allocated by the National Bank will be transferred to a special bank account of Uzbekistan’s "Hududiy elektr tarmoqlari" JSC (Regional electric networks).
Starting from 2024, the company will pay the loan funds attracted by the khokimiyat of Tashkent.
The abovementioned measure is taken within the framework of the Uzbek President's "On measures to provide consumers of Tashkent with energy resources" Resolution.
According to the resolution, Uzbekistan will also construct new substations with a total capacity of 664 MVA in the Yunusabad, Shaykhontohur, Mirzo Ulugbek, Yashnobod, and Yangikhayat districts of Tashkent city.
Meanwhile, Uzbekistan generated more than 13.5 billion kilowatt-hours of electricity from January through February 2023, increasing by 5 million kilowatt-hours, or 4 percent year-on-year.
During the reporting period, some 11.3 billion kWh of electricity was supplied to the population, which is an increase of 1.3 billion kWh or 13.4 percent, compared to the same period last year.