Uzbekistan signs $4.7bn energy deals and outlines plans for two more nuclear power plants

AI Summary

Uzbekistan has signed $4.7 billion in energy agreements with foreign firms, covering 3,000 MW of generation and 400 MW of storage. The government is also preparing oil and gas exploration blocks for investors, planning two additional nuclear power plants, and pursuing a future electricity link to Europe.

Foreign firms including ACWA Power, EDF and Toyota Tsusho are involved in projects covering 3,000 MW of generating capacity and 400 MW of storage. Tashkent is also preparing 128 oil and gas exploration blocks for investors and pursuing a future electricity connection to Europe.