Uzbekhydroenergo

What Uzbekhydroenergo does

Uzbekhydroenergo (O'zbekgidroenergo AJ) is the state-owned joint-stock company responsible for virtually all centralized hydropower generation in Uzbekistan, founded in 2017 and headquartered in Tashkent. The company operates 100 hydroelectric power plants with a total installed capacity of 2,400 MW and manages six major water reservoirs (Andijon, Ohangaron, Sardoba, To'polang, Chorbog', Hisorak) with a combined storage exceeding 4 billion cubic meters, serving electricity production, agricultural irrigation, drinking water supply, and flood control. In 2025, the company produced 6.5 billion kWh of electricity and plans to expand output by more than 15% in 2026 through new facility commissioning and modernization. The portfolio has been diversified into wind energy with the Chorbog' Wind Power Station (20 MW, commissioned January 2026) and a 750 kW Pioneer Wind Power Installation dating to 2017.

The technology stack combines conventional run-of-river and reservoir-based hydropower with a digital modernization program called Smart HPP (Aqlli GES), developed jointly with China Huaneng Group. Current AI-adjacent capabilities include SCADA-based automated monitoring of dams and reservoirs, computer vision surveillance, anomaly detection on structural deformation and filtration, and MODSNOW-based snowpack forecasting for inflow prediction (partnered with GFZ Potsdam). The company is consolidating internal information systems into a unified Dashboard platform. An integrated subsidiary ecosystem supports engineering, construction, machinery manufacturing, and equipment production, including the UGE-JINLUN joint venture with Chinese partner Zhejiang Jinlun Electromechanic Co.

The business model is that of a regulated state utility: Uzbekhydroenergo sells electricity exclusively to the national power grid at government-set tariffs that are not publicly disclosed, and pursues international capital partnerships through EPC contracts, PPP frameworks, and bilateral agreements with foreign governments and engineering firms. Revenue streams include electricity generation (the dominant commercial stream) and ancillary water resource services. Ownership is wholly held by the Government of Uzbekistan through the Ministry of Economy and Finance, and the company is preparing for inclusion in a government-led IPO program covering 12 state-owned enterprises between 2025 and 2028.

Name

Uzbekhydroenergo

Legal name

O'zbekgidroenergo AJ (O'zbekiston respublikasi gidroenergetika aksionerlik jamiyati)

Website

https://uzgidro.uz

Company type

Private

Founded year

2017

Operating status

Operating

Short description

Uzbekhydroenergo is Uzbekistan's state-owned hydropower utility, operating 100 hydroelectric power plants (2,400 MW total capacity) and six major water reservoirs to supply electricity to the national grid and water for irrigation and drinking supply across Uzbekistan.

Ownership category

akta.pro rank

Product category

Hydropower and Renewable Energy Generation

NAICS

Hydroelectric Power Generation (221111), Wind Electric Power Generation (221115)

SIC

Electric Services (4911), Water Supply (4941)

akta.pro primary industry

Hydropower Plant Development & Permitting (Greenfield/Brownfield) (EUACAEAE)

akta.pro secondary industries

Hydropower Modernization, Refurbishment & Uprates (Re-powering, Efficiency Upgrades) (EUAMADAF), Reservoir/Impoundment Hydroelectric Generation (EUACAEAB), Hydropower EPC & Civil Construction (Dams, Weirs, Tunnels, Penstocks) (EUAMADAB), Pumped Storage Hydropower (PSH) (New Build, Expansion, Conversions) (EUAMADAJ)

Keywords

• Hydropower generation
• Renewable energy
• Electricity generation
• Water reservoir management
• Grid infrastructure

Headquarters

HQ city

Tashkent

HQ country

Uzbekistan

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Technology or R&D, Operations, Personnel, Supply Chain

Revenue model

1. Electricity Generation and Sales: Uzbekhydroenergo generates electricity through its network of 100 hydroelectric power plants totaling 2,400 MW installed capacity. The company produced 6.5 billion kWh of electricity in 2025 and plans to increase output by over 15% in 2026. Revenue is generated through electricity sales to the national grid and utilities.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Uzbekhydroenergo generates and supplies electricity from a portfolio of 100 hydroelectric power plants totaling 2,400 MW of installed capacity, alongside managing six major water reservoirs for irrigation, drinking water, and flood control. The company produces electricity for the national grid (6.5 billion kWh in 2025) and is expanding renewable capacity through wind generation and modernization programs executed under EPC contracts with international engineering firms.

Product overview

Uzbekhydroenergo operates a diversified energy portfolio centered on hydropower generation, encompassing 100 hydroelectric power plants (GESlar) with a total installed capacity of 2,400 MW, six major water reservoirs, and renewable energy assets including wind power. The company offers core electricity generation from hydropower, reservoir management, and water supply services. Its product portfolio includes large-scale and small hydro plants, the Chorbog' wind farm (20 MW), and the pioneering 750 kW wind installation. Emerging offerings include a planned unified Dashboard platform for internal data consolidation and the 'Smart HPP' (Aqlli GES) AI-driven modernization concept developed with China Huaneng Group. Modernization projects (e.g., with Sinohydro, TBEA) are delivered under EPC turnkey contracts, upgrading existing HPPs to increase capacity and efficiency.

Differentiator

Problem solved

Functional benefit

Brands

• Chorbog' SHES (Chorbog' Wind Power Station): Wind electric station with 20 MW capacity in Bostunliq district, Toshkent region - company's first major wind energy project
• Smart GES (Intelligent Hydroelectric Power Station)

Products and services

• Hydroelectric Power Plants (GESlar) Network of 100 hydroelectric power plants ranging from micro to large-scale installations, producing run-of-river and reservoir-based electricity with a total installed capacity of 2,400 MW. Electricity is supplied to the Republic of Uzbekistan National Grid.
• Chorbog' Wind Power Station 20 MW wind energy generation facility in Bostanlyk district, Toshkent region, producing approximately 50 million kWh of electricity annually. Represents Uzbekhydroenergo's first major wind energy project.
• Pioneer Wind Power Installation (750 kW) Uzbekistan's first 750 kW pilot wind turbine located in Bostanlyq district, commissioned in September 2017 as the country's inaugural experiment in wind energy generation under Uzbekhydroenergo's portfolio.
• Water Reservoirs (Suv omborlari) Six major water reservoirs (Andijon, Ohangaron, Sardoba, To'polang, Chorbog', Hisorak) with a combined capacity of over 4 billion cubic meters, serving irrigation, drinking water supply, and hydropower generation. Equipped with modern automated monitoring systems.
• Sustainable Development Financial Disclosure Report (ISSB/IFRS SDS) Sustainability disclosure report service for 2025 covering ESG-related financial information, prepared in accordance with International Sustainability Standards Board (ISSB) / IFRS S1 and S2 standards.

Quantifiable outcome

• Electricity production of 6.5 billion kWh in 2025 with 15%+ increase planned for 2026
• +3 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability9 records

Feature3 records

Partnerships

Eight partnerships are on record, tiered core and minor.

• 77 Construction USA CorpcoreStrategic or Co-development Partner · 1 June 2026EPC+F and PPP cooperation agreement for the Pskem Hydroelectric Power Plant project, representing a major infrastructure development partnership.
• China Huaneng GroupcoreStrategic or Co-development Partner · 1 June 2026Strategic partnership for hydropower development in Uzbekistan, aligned with presidential decree dated May 1, 2026. Integration of China Huaneng Group's technological solutions for efficient hydropower industry development. Partnership represents expansion of Uzbek-Chinese energy cooperation.
• Adani GroupcoreStrategic or Co-development Partner · 1 June 2026Establishment of joint working group for hydropower development in Uzbekistan under the presidential decree framework.
• Dongfang Electric International CorporationcoreTechnology or Integration · 1 June 2026Bilateral negotiations held regarding Upper Pskem HPP project implementation. Discussions focused on accelerating project execution, technical and financial cooperation strengthening, and resolving outstanding issues.
• Limak HoldingminorStrategic or Co-development Partner · 1 March 2026Turkish company discussed bilateral cooperation prospects and joint investment projects. Both parties agreed to intensify implementation of investment projects and continue regular dialogue.
• Sinohydro Co., Ltd.coreTechnology or Integration · 1 February 2026Strategic partnership for modernization of Shahrixon HPP cascade (GES-5A and GES-6A) in Andijan region under EPC contract. Project will increase capacity from 7.6 MW to 16.4 MW, generating additional 33 million kWh annually.
• TBEA Co., LTDcoreTechnology or Integration · 1 February 2026Strategic partnership for modernization of Quyi Bo'zsuv HPP cascade (GES-19, GES-22, GES-23) in Tashkent region under EPC contract. Project will increase capacity from 27.4 MW to 32.4 MW, generating additional 52.8 million kWh annually.
• Zhejiang Jinlun Electromechanic Co., Ltd.coreStrategic or Co-development Partner · 1 January 2025Joint venture UGE-JINLUN established with Chinese partner for hydropower equipment and development. Uzbekhydroenergo holds 48.54%, Chinese partners hold remaining stakes. Additional third founding partner Energoqurilishindustriya MChJ joined.

Scale indicators12 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• Verbund AG: Austria's largest hydropower operator with significant state shareholding. Comparable as an integrated run-of-river and reservoir hydropower utility focused on fleet modernization, digital control systems, and renewable expansion within a regulated market.
• RusHydro: Russia's largest state-owned hydropower generator and operator of dozens of HPPs and pumped-storage plants. Highly comparable business model of national-monopoly hydropower generation plus active modernization and new-build program, with state ownership and exposure to regulated tariffs.
• Statkraft: Norway's state-owned hydropower company and Europe's largest generator of renewable energy. Closely comparable as a state-owned operator focused on hydropower fleet optimization, modernization, and renewable energy expansion across a single national market.
• Brookfield Renewable Partners: Publicly listed owner/operator of one of the world's largest renewable portfolios with a heavy hydropower weighting across North America, South America, and Europe. Comparable as a global hydropower operator pursuing modernization, digital optimization, and capacity growth through M&A.
• Hydro-Québec: Vertically integrated, state-owned Canadian utility that is one of the world's largest hydropower producers. Comparable as a sovereign-backed hydropower monopoly with diversified water-management mandates and long-term capacity expansion strategy.
• China Three Gorges Corporation: World's largest hydropower developer and operator with state backing from the Chinese government. Comparable in operating scale (tens of thousands of MW), regulated/strategic positioning, and aggressive international expansion — and is the parent of Uzbekhydroenergo partner China Huaneng Group's broader ecosystem.
• NHPC Limited: India's largest state-owned hydropower developer, operating multiple HPPs across diverse hydrological regimes with active new-build and modernization pipeline. Comparable scale and mandate as a state-led hydropower platform serving a national grid.

Others

• Power Construction Corporation of China (PowerChina): Chinese state-owned EPC contractor that is one of the world's largest builders of hydropower and renewable projects. Directly relevant to Uzbekhydroenergo as a potential peer EPC contractor alongside its existing Chinese partners (Sinohydro, TBEA, Dongfang Electric, China Huaneng).

Broad incumbents

• Électricité de France (EDF): French state-influenced integrated utility with one of Europe's largest hydropower fleets alongside nuclear and other generation. Comparable as a sovereign-backed, large-scale hydropower operator, though EDF is much more diversified across generation technologies.

Regional players

• Tashkent Regional Electric Power Network (Toshkent HETK): Regional power distribution utility within Uzbekistan that interfaces with the national grid alongside Uzbekhydroenergo. Tangentially comparable as a domestic Uzbek power-sector state entity but focused on distribution rather than generation.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/uzgidrouz

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries11 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Uzbekhydroenergo