The issues of creating a new system for managing the energy market were discussed

On June 23, President Shavkat Mirziyoyev held a meeting on the transformation of electricity companies.

It discussed the creation of a new system for managing the energy market.

In order to create equal conditions for the connection of private generation enterprises, it was proposed to separate the powers of the joint-stock company "National Electric Networks of Uzbekistan" for the single purchase of electricity and management of trunk networks. In this case, the sole purchasing company buys electricity from all power plants on a contractual basis and sells it to large enterprises and regional power grid enterprises. The backbone operator is responsible for power supply, loss reduction and maintenance of the power system.

Next year, in 14 districts and cities, private retail electricity companies will be established to sell electricity to consumers as an alternative to JSC "Regional Electric Networks".

It was also stressed that industry leaders need to accelerate the transformation process, financially rehabilitate enterprises and transform them into companies that can attract direct investment. Tasks were also given to optimize the operating costs of enterprises in the sector, to upgrade power transmission lines.

Government and industry leaders have been tasked with developing a program to train the highly qualified personnel needed to implement these reforms.