Tashkent, Uzbekistan (UzDaily.com) -- Resolution of the President “On measures to implement the project "Transformation of the electricity sector and sustainable transmission of electricity" with the participation of the World Bank, as well as to develop and improve efficiency systems of main electric networks of the Republic” was adopted.

The document was adopted in order to develop the system of backbone electrical networks, improve its reliability and safety, prevent accidents, as well as provide stable supply of electricity to economic sectors and the population.

The Resolution approved the main technical and economic indicators of such investment projects as "Introduction of a hardware-software complex for dispatch control and data collection (SCADA)", "Modernization and reconstruction of substations of main electrical networks with the participation of the World Bank (Phase II)", as well as a list loans from international financial institutions attracted to finance investment projects of National Electric Grids of Uzbekistan JSC (NESU) and for which savings are expected.

Switchgears with a voltage of 110-500 kV, which are at the disposal of the enterprises of JSC "Thermal Power Plants" and JSC "Uzbekhydroenergo" will be transferred to the NESU at the balance (residual) value, together with staff units. At the same time, the property rights of business entities transferred from one organization to another are not subject to taxation for all types of taxation.