Rosseti and National Electric Grids of Uzbekistan signed a roadmap for the implementation of an agreement on strategic cooperation.
On 4 June 2021, S&P Global Ratings revised the outlook on its long-term ratings on Uzbekistan to stable from negative. At the same time, we affirmed the ‘BB-/B’ long- and short-term foreign and local currency sovereign credit ratings.
Talimarjan Thermal Power Plant is implementing an investment project for the construction of a high-voltage line of Sogdiana station and an open distribution plant with a capacity of 500 kW each.
Gazprombank and Uztransgaz signed indicative conditions for the provision of short-term bridge financing in the form of a syndicated loan for up to US$300 million. The signing took place within the framework of the St. Petersburg International Economic Forum. According to the agreements reached, 50% of the syndicated loan amount will be insured by the Russian Agency for Export Credit and Investment Insurance.
Today, Ferkensco Management Limited signed two bilateral agreements on cooperation with Gazprombank to organize construction financing:
In January-April, Uzbekistan almost doubled cement imports compared to the same period in 2020 - up to 1 million tonnes. This was reported by the State Statistics Committee of Uzbekistan.
Uzbekistan plans to build a new gas chemical complex based on MTO technology (methanol to olefins). The plant will be built in Bukhara region.
On 3 June 2021, President of the Republic of Uzbekistan Shavkat Mirziyoyev held a meeting on improving land relations.
Since the beginning of the year, the Department of Industrial and Environmental Safety, Health and Labor Safety of Uzbekneftegaz has carried out an ecoanalytical monitoring control over environmental protection in divisions and enterprises.