Uzbekistan and the World Bank to cooperate in small and micro hydropower projects
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Today, the Ministry of Economy and Finance held talks with representatives of the World Bank on supporting small and micro hydropower projects in Uzbekistan.
The parties discussed Uzbekistan’s goals in renewable energy, financing opportunities, and technical solutions for the small hydropower sector. Representatives of the World Bank noted that new financial mechanisms are being developed to implement projects selected based on previous studies. They also expressed willingness to share their experience in this area with Uzbekistan. After that, the parties paid attention to improving the electricity supply to rural areas, strengthening energy security, and supporting small businesses through the development of small hydropower plants.
Creating an operational working group and continuing a regular dialogue was noted.
Following the talks, the parties agreed to accelerate practical steps in this direction and strengthen cooperation.
