Uzbekistan to invest $292M in power sector upgrades by 2022

Uzbekistan is set to spend over $292 million on the modernization and reconstruction of its power sector by the year 2022.

Specifically, the funds will be invested in the improvements and upgrades of the existing substations, including the reconstruction of 22 major substations in Tashkent and another 10 in the regions included in the programme, reports Trend News Agency.

In addition, it is planned to purchase 110 kV mobile substations and emergency recovery systems to help eliminate disconnections on the main power transmission lines.

According to the source, Uzbekistan is the most energy hungry country in Europe and Central Asia. Nearly 40 percent of available electricity generation capacity is outdated or will reach the end of its lifespan by the end of 2017.

Source: Trend News Agency