21 January 2020

Negotiations takes place with the Russian group of companies RENOVA

Alisher Sultanov, an Energy Minister of Uzbekistan, held talks with the Russian delegation, headed by Viktor Vekselberg, Chairman of the Board of Directors of the RENOVA Group of Companies / Chairman of the Board of Directors of the Skolkovo Fund.

The delegation also included the heads of the Hevel Group of Companies, ComplexProm JSC, ROTEK JSC, Orgsintez Group JSC, Khimprom PJSC, Tsifra LLC.

During the negotiations, potential cooperation opportunities were discussed in such areas as: the creation of a national oil and gas center to increase the efficiency of hydrocarbon development on the basis of the Digital Field platform, cooperation in the field of renewable energy and alternative energy in Uzbekistan, supply of generating equipment.

The Russian side expressed interest in exchanging experience, as well as participating in projects and ongoing tenders for the construction of solar power plants, while suggesting the possibility of organizing joint production of solar panels in Uzbekistan with the possibility of their further use in projects implemented in the country.

The Energy Ministry was provided information on the ongoing reforms in the country’s energy sector and a concept for the development of the industry, prepared jointly with international consultants, so he could note an interest in the deep processing of natural gas.

In the field of traditional generation, the RENOVA Group of Companies is the largest private electricity producer in Russia, having 14 GW of installed capacity and operating in 20 regions of the Russian Federation. This company went through the entire stage of transformation of the electric power industry in Russia and its market development.