Qatar's Nebras Power aims to establish a 1-GW wind farm in Uzbekistan's autonomous republic of Karakalpakstan. The plans were disclosed on October 1 during a Qatar visit by Uzbek President Shavkat Mirziyoyev.
The Qatari company also intends to create 600 MW of energy storage systems in Tashkent region. Currently, it is engaged in the construction of a 1.6-GW combined-cycle power plant in Syrdarya region. The company is also completing preparations for the construction of a thermal power plant in Surkhandarya.
The Uzbek delegation that accompanied Mirziyoyev on his visit to the Gulf country held negotiations with the director of the Qatar Investment Agency and the head of the central bank of the emirate, Bandar bin Saud al-Thani. The parties discussed attracting investment in the implementation of green projects.
In addition, prospects for investment in the modernisation of Uzbekistan's transport infrastructure, in particular, the construction of modern air terminals, were considered.
The Qatari side, meanwhile, expressed an interest in exchanging experience in the banking sector, including in Islamic banking.
Mirziyoyev also met the executive director of Al Mirqab Capital, Saif ur-Rahman Khan. They discussed cooperation in the fields of hotel infrastructure, logistics and energy.
Related Articles
COP28: Turkey assessed as “critically insufficient” for all climate crisis goals by scientific analysis
Turkey received the worst rating, “critically insufficient”, for all climate crisis goals in an evaluation by Climate Action Tracker, an independent scientific analysis site that made an ... more
Uzbekistan’s president launches two energy projects with participation of ACWA Power
Uzbekistan’s President Shavkat Mirziyoyev on November 27 attended the launch ceremony for a 1.5-GW thermal power plant in Syrdarya region and the production of green hydrogen in Tashkent region. ... more
Uzbekistan doubles down on attracting Middle East tourists
bne IntelliNews talked with tourism officials from Uzbekistan on the sidelines of the recent World Travel Market (WTM) in London to discuss the Central Asian country's ongoing growth in visitors from ... more
Most Read
-
Russian Foreign Minister Lavrov lashes out at West at OSCE meeting in Skopje
17 hours ago
-
Top Ukrainian politician David Arakhamia gives seventh confirmation of Russia-Ukraine peace deal agreed in March 2022
5 days ago
-
Protest at Polish-Ukrainian border escalates as farmers join in
2 days ago
-
Greece under heavy pressure not to block start of Albania's EU accession talks
1 day ago
-
COMMENT: China will drive a hard bargain for Russian gas
20 hours ago
-
Top Ukrainian politician David Arakhamia gives seventh confirmation of Russia-Ukraine peace deal agreed in March 2022
5 days ago
-
Armenia marks new era with French military purchases
3 days ago
-
Turkey equipping Moscow’s war machine, data shows
3 days ago
-
Russia-backed paramilitary camps detected in Bosnia’s Republika Srpska, defence minister says
7 days ago
-
Lavrov confirms Ukraine war peace deal reached last April, but then abandoned
2 months ago
-
Oil continues to flow to Israel via Turkey despite Erdogan’s vehement speeches on plight of Gaza
1 month ago
-
Top Ukrainian politician David Arakhamia gives seventh confirmation of Russia-Ukraine peace deal agreed in March 2022
5 days ago
-
Russia overtakes Germany to become fifth biggest economy in the world in GDP on a PPP basis
3 months ago
-
After one year of operations, Russia’s McDonald’s replacement already more successful than original, owner reveals
5 months ago
-
Turkey fails to respond to Iran call for ban on shipping oil to Israel
29 days ago