Uzbekistan plans to increase electricity generation from 82 billion kilowatt-hours to more than 120 billion kilowatt-hours within the next five years, turning the power sector into one of the country's biggest investment tests.
The target reflects rising demand from industry, population growth and the development of new sectors, including digital infrastructure, as Uzbekistan seeks to expand electricity supply while reducing reliance on fossil fuels.
Speaking at the Tashkent International Investment Forum (TIIF), President Shavkat Mirziyoyev said renewable energy is expected to account for 54% of electricity generation by 2030. He said the country had already attracted nearly $6 billion (€5.3 billion) in foreign investment into green energy projects and plans to invest a further $4 billion (€3.5 billion) in electricity transmission networks.
Mirziyoyev also called for investment in solar and wind power plants, energy storage systems, grid modernisation and data centres powered by green energy, linking the country's electricity plans to its broader industrial and digital agenda.
Building the financing roadmap
