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Economy 20/06/2024 Baibuting Group plans to invest US$1.8 billion in a green energy project in Uzbekistan
Baibuting Group plans to invest US$1.8 billion in a green energy project in Uzbekistan

Tashkent, Uzbekistan (UzDaily.com) -- Chinese company Baibuting Group Co., Ltd. plans to implement a project for the development of “green” energy in the Akhangaran district of the Tashkent region.

The press service of Tashkent regional khokimiyat reports that US$1.8 billion will be allocated for the implementation of the project.

Baibuting Group intends to build a power plant that will generate energy using solar, wind and hydro resources.

At the first stage, it is planned to invest up to US$200 million in the project, and the design capacity of the power plant will be 2 GW.

As part of the visit of the delegation of Tashkent region led by khokim Zoir Mirzaev to Wuhan, a memorandum of cooperation was signed between the Tashkent region and the Baibuting Group.

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