The World Bank has approved a $100 million concessional loan to Uzbekistan to help integrate renewable energy into power grids and enhance electricity reliability in key regions. The national grid operator will contribute an additional $50 million to the five-year program.
The Executive Board of the World Bank has approved a concessional loan of $100 million to support Uzbekistan in implementing a major program focused on integrating renewable energy into the country’s distribution networks and improving power reliability in priority regions.
Uzbekistan’s national power distributor, Regional Electric Power Networks, will contribute an additional $50 million from its own funds, bringing the total investment to $150 million over the next five years.
The program aims to modernize and expand critical distribution infrastructure to facilitate the incorporation of renewable energy sources and ensure consistent electricity supply, particularly in Karakalpakstan and Surkhandarya region.
Key components of the program include:
- Construction and modernization of 6,000 kilometers of low-voltage power lines
- Replacement and installation of 1,200 distribution transformers with a total capacity of 250 MVA
- Installation of 150,000 smart meters to reduce commercial losses in RES networks
- Deployment of 4,000 data concentrators to automate and digitize the distribution system, transforming it into a modern and efficient network
By 2029, the program is expected to deliver significant results:
- Raise customer satisfaction with RES services to 90%
- Expand the network’s capacity to accept up to 50 MW of renewable energy generated by households and small to medium enterprises
- Cut greenhouse gas emissions by up to 450,000 tons of CO₂ annually
- Increase the proportion of women in technical and managerial roles at JSC RES from 9% in 2025 to 14%.
China issued red alerts as extreme monsoon rain trigger flash floods across central and southern regions, threatening lives, and infrastructure.
Germany’s producer prices dropped 1.2% year-on-year in May, in line with market expectations, largely due to falling energy prices, official data showed Friday.
Start your day informed with AnewZ Morning Brief: here are the top news stories for June 20th, covering the latest developments you need to know.
A deadly overnight Russian drone assault on Ukraine’s Black Sea port city of Odesa left one person dead and at least 14 injured, striking residential buildings and key rail infrastructure, according to local authorities.
There are international calls to seek a diplomatic solution amid rising tensions in the Middle East and to prevent Iran from acquiring nuclear weapons. That's according to U.S. Secretary of State Marco Rubio and key international allies who discussed the escalating conflict between Iran and Israel.
China issued red alerts as extreme monsoon rain trigger flash floods across central and southern regions, threatening lives, and infrastructure.
Germany’s producer prices dropped 1.2% year-on-year in May, in line with market expectations, largely due to falling energy prices, official data showed Friday.
Start your day informed with AnewZ Morning Brief: here are the top news stories for June 20th, covering the latest developments you need to know.
A deadly overnight Russian drone assault on Ukraine’s Black Sea port city of Odesa left one person dead and at least 14 injured, striking residential buildings and key rail infrastructure, according to local authorities.
There are international calls to seek a diplomatic solution amid rising tensions in the Middle East and to prevent Iran from acquiring nuclear weapons. That's according to U.S. Secretary of State Marco Rubio and key international allies who discussed the escalating conflict between Iran and Israel.
Peace is no longer a dream. It is a discussion. On the streets of Baku and Yerevan, it is also a question, of trust, of foreign interests, and of who truly wants it.
Iranian missiles struck multiple locations across Israel and neighbouring regions early Friday morning, including a Microsoft office complex, according to emergency responders and local media reports.
Israeli strikes have reportedly targeted areas near the residences of Iran’s Supreme Leader Ayatollah Ali Khamenei and President Masoud Pezeshkian, according to the New York Times, citing local witnesses.
Azerbaijan Airlines (AZAL) has cancelled certain flights scheduled for 13th and 14th June amid recent escalation of situation in the Middle East and the closure of airspace in several countries for security reasons.
The 2025 G7 Leaders’ Summit was held June 15–17 in Kananaskis, Alberta, under Canada’s presidency. Prime Minister Mark Carney framed the meeting around priorities of protecting communities, energy and climate security, the digital transition, and future partnerships.
Azerbaijan and Poland discussed closer cooperation in digital tax reforms and innovation during a high-level meeting held on the sidelines of the IOTA General Assembly in Baku.
President Ilham Aliyev welcomed Uzbekistan’s Minister of Investment, Industry and Trade, Laziz Kudratov, in Baku, as the two countries look to deepen their strategic economic partnership.
Iranian missiles struck multiple locations across Israel and neighbouring regions early Friday morning, including a Microsoft office complex, according to emergency responders and local media reports.
The 19th General Assembly of the Organization of Asia-Pacific News Agencies (OANA) is underway in St. Petersburg, Russia. The gathering, which brings together 41 news agencies from 33 countries, is being hosted by the TASS news agency as part of the St. Petersburg International Economic Forum.
Israeli Prime Minister Benjamin Netanyahu reiterated his assassination threat against Iranian Supreme Leader Ayatollah Ali Khamenei, stating that he has instructed the military that “no one is untouchable in Iran."
China issued red alerts as extreme monsoon rain trigger flash floods across central and southern regions, threatening lives, and infrastructure.
Germany’s producer prices dropped 1.2% year-on-year in May, in line with market expectations, largely due to falling energy prices, official data showed Friday.
Start your day informed with AnewZ Morning Brief: here are the top news stories for June 20th, covering the latest developments you need to know.
A deadly overnight Russian drone assault on Ukraine’s Black Sea port city of Odesa left one person dead and at least 14 injured, striking residential buildings and key rail infrastructure, according to local authorities.
There are international calls to seek a diplomatic solution amid rising tensions in the Middle East and to prevent Iran from acquiring nuclear weapons. That's according to U.S. Secretary of State Marco Rubio and key international allies who discussed the escalating conflict between Iran and Israel.
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