Uzbekistan

Energy, Oil & Gas

Work starts on Uzbekistan's first $9.5bn nuclear power plant

Sun, 07 Jun 2026

Construction has begun on Uzbekistan's first nuclear power plant, a project estimated to cost $9.5 billion. The launch was announced by the presidential press service, with officials saying the facility will strengthen the country's future electricity supply.

Energy, Oil & Gas

GEF approves $232m in new funding and endorses $3.9bn GEF-9 plan

Sun, 14 Jun 2026

The 71st Global Environment Facility Council in Samarkand approved $232.5 million in new environmental finance and endorsed the $3.9 billion GEF-9 plan for 2026–2030 to scale global climate, biodiversity and adaptation funding.

Energy, Oil & Gas

ENOC signs MoU with Allied Biofuels for SAF cooperation

Sun, 24 May 2026

ENOC Group signed an MoU with Abu Dhabi-based Allied Biofuels Holding to explore offtake and distribution of Sustainable Aviation Fuel (SAF) and Electro-synthetic Sustainable Aviation Fuel (e-SAF) across local, regional, and international markets.

Energy, Oil & Gas

bp signs PSA covering six exploration blocks in North Ustyurt, Uzbekistan

Wed, 13 May 2026

bp confirmed its entry into a production sharing agreement (PSA) for six blocks in the North Ustyurt region of Uzbekistan. The agreement includes the Boyterak, Terengquduq, Birqori, Kharoy, Qoraqalpoq and Qulboy blocks.

Energy, Oil & Gas

Acwa secures $226m financing for 300MW wind project in Uzbekistan

Sun, 10 May 2026

Saudi-listed Acwa has signed $226 million of financing agreements for the Bash II 300 megawatts (MW) Wind Farm in Uzbekistan at the 2026 Asian Development Bank (ADB) Annual Meeting.

Travel, Tourism & Hospitality

IATA to open new office, BSP in Uzbekistan

Tue, 21 Apr 2026

The International Air Transport Association (IATA) announced that it is establishing a permanent presence in Tashkent, Uzbekistan, opening a new office and preparing for the launch of a Billing and Settlement Plan (BSP) in the country before the end of the year.

Finance & Capital Market

Oman Investment Bank advises on $130m investment in Uzum by Omani entities

Tue, 10 Mar 2026

Oman Investment Bank has completed a $130 million minority investment in Uzum, Uzbekistan’s leading digital services ecosystem, by a consortium of investors led by sovereign entities of Oman.

Construction & Real Estate Energy, Oil & Gas Industry, Logistics & Shipping

Acwa Power launches commercial operations at 501MWh Uzbek BESS project

Sat, 14 Feb 2026

Saudi-based Acwa Power, the world's largest private water desalination company and a leader in energy transition, has announced the launch of full commercial operations at its 501MWh battery energy storage system (BESS) linked to its Riverside Solar project at Tashkent in Uzbekistan.

Energy, Oil & Gas

Uzbekistan launches first utility-scale solar and battery project

Mon, 08 Dec 2025

Uzbekistan’s President Shavkat Mirziyoyev inaugurated the Nur Bukhara project, the nation’s first utility-scale solar and battery installation by Masdar, and also broke ground on Masdar’s 300 MW solar and 75 MWh storage project in Guzar during a ceremony in Tashkent.

Construction & Real Estate Energy, Oil & Gas

JA Solar wins 1.2GW module supply deal for Samarkand projects

Thu, 06 Nov 2025

JA Solar, a trusted global partner in green energy, has signed a module supply agreement with Larsen & Toubro (L&T), the EPC contractor for the Samarkand 1 and 2 Solar PV Power Plants in Uzbekistan.