Uzbekistan

Power supply stability is the main concern for investors in data centers in Uzbekistan — AP

International investors considering building data centers in Uzbekistan primarily ask about the stability of the electricity supply, said Bobur Khodjaev, a representative of the Presidential Administration. The authorities are placing their bets on Karakalpakstan, which has significant green energy potential.

Ensuring a stable power supply is a key issue for international investors considering building data centers in Uzbekistan. This was reported on August 24 at the Silk Road Finance & Technology Forum in Tashkent, Gazeta's correspondent quoted Bobur Khodjaev, Head of the Department of Financial Technologies, Digitalization, and Artificial Intelligence of the Presidential Administration.

According to Khodjaev, Uzbekistan has significantly increased its energy capacity over the past six years, in part through power purchase agreements (PPAs).

"We have signed numerous PPAs. Currently, over 30% of our electricity is generated from renewable sources. This is an additional attractive factor for international investors looking to build data centers in Uzbekistan, as the country can provide them with green energy," noted Bobur Khodjaev.

Karakalpakstan is a particular focus for locating such facilities.

"We specifically chose Karakalpakstan for the construction of data centers, as the region has significant renewable energy resources. "Several international investors are already operating there, building wind and solar power plants," explained a representative of the Presidential Administration.

Bobur Khodjaev also reported that the authorities are working with the Ministry of Energy to ensure a stable power supply for future data centers.

"However, stability of power supply is undoubtedly the number one issue investors ask us during negotiations," he emphasized.

Roman Rybalkin, Director of the international rating agency S&P Global Ratings, who spoke at the same discussion, noted that rapid economic growth and population growth require further expansion of energy capacity in the region.

"This is one of the reasons for the active development of green energy in Uzbekistan, where investors from the Persian Gulf countries are clearly playing a leading role," said a representative of S&P Global Ratings.

He also linked the growing demand for electricity to the development of nuclear energy in Central Asia.

"Therefore, we are seeing a move toward nuclear energy." Uzbekistan has a nuclear power plant project in the Jizzakh region, and Kazakhstan has a large nuclear power plant in the early stages of development. Energy in general is a key issue on the agenda, and green energy is certainly one of the answers to this challenge," said Roman Rybalkin.

In June 2025, BCG Managing Director Rza Nuriyev presented "four pillars" for Karakalpakstan's development through 2035. He believes that in the future, Karakalpakstan will be perceived as a region with "affordable green energy, the best platform for energy-intensive manufacturing, meat and dairy production, and exotic tourism."

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