Energy & Infrastructure · 28 October 2026
According to Gazeta.uz, the World Bank Board of Executive Directors has approved a 100 million dollar loan to improve the efficiency and reliability of the electricity distribution system in Uzbekistan. The Modernization of Electricity Distribution Systems program will be implemented by National Electric Grids of Uzbekistan, financing the upgrade and digitalization of 60 key substations across the country.
By 2031, the program is expected to reduce annual electricity losses at modernized substations by 20 thousand megawatt-hours (MWh) and create conditions to integrate at least 3.3 GW of renewable energy capacity into the grid. The initiative is also projected to prevent annual greenhouse gas emissions equivalent to nearly 23 thousand tons of carbon dioxide and support the creation of around 11.7 thousand additional jobs within five years of commissioning.
The World Bank is co-financing the program with the Asian Development Bank under the Full Mutual Reliance Framework. Following ADB's approval of a 200 million dollar loan on 30 September and a 71 million dollar contribution from Uzbekistan's state budget, total financing for the program stands at 371 million dollars.
All newsAccording to Spot.uz, a mobile data center previously owned by Turkiston Bank has been put up for sale through the E-auksion platform. The asset is being sold following a decision made by the bank creditors meeting in late October. Turkiston Bank went bankrupt in October 2022, and the economic court declared the credit institution bankrupt in February 2023.
According to Gazeta.uz, the 500 kV Koltsevaya substation was put into operation in Tashkent Region on 7 November. The facility will improve the reliability of power supply to the capital and parts of Tashkent Region, as well as more optimally distribute the load on existing electrical networks. The total cost of the project, implemented with the participation of the World Bank, amounted to 171.4 million US dollars, according to the press service of the Ministry of Energy of Uzbekistan.
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