Uzbekistan Power EPC Market Size & Share Analysis - Industry Research Report

Name: Uzbekistan Power EPC Market Size & Share Analysis - Industry Research Report - Growth Trends
Creator: Mordor Intelligence
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Market Overview

Study Period	2020 - 2030
Base Year For Estimation	2024
Forecast Data Period	2025 - 2030
Historical Data Period	2020 - 2023
Growth Rate	2.41% CAGR
Major Players *Disclaimer: Major Players sorted in no particular order Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

Uzbekistan Power EPC Market Summary — Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

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Uzbekistan Power EPC Market Analysis by Mordor Intelligence

The Uzbekistan Power EPC Market is expected to register a CAGR of 2.41% during the forecast period.

The thermal power generation sector dominated the Uzbekistan power market owing to large number of thermal power plantsthe present in the country.
The target to increase the renewables and nuclear generation capacity in a bid to decrease the carbon footprint is expected to render opportunity for the growth of the market over the forecast period.
Renewables are expected to grow owing to the increasing awareness for clean energy, to drive the makret.

Uzbekistan Power EPC Market Trends and Insights

Thermal Power Generation Sector to Dominate the Market

in 2018, Uzbekistan power generation mix involves thermal power plants with a total capacity of 10.6 GW producing up to 85% of the total production of electricity. In the structure of primary energy used in thermal power plants for the production of electricity and heat, the share of gaseous fuels accounts for 94 %, fuel oil 2%, and coal accounts for 4%.
Furthermore, according to the ministry of energy, the increasing demand of electricity would require the government to at least double the existing power generation capacity till 2030, since 80% of the current generating units are outdated and obsolete, with an average age of more than 30 years, so most of the existing power plant would require decommissioning.
The government in a bid to reduce the burden on the government budget for the construction of new power plants is promoting private investment in the power sector.
A majority of the new capacity is expected to come up from the thermal power plants which is expected to drive the Uzbekistan power market during the forecast period.

Uzbekistan Power EPC Market — Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

Increasing Industrialization to Drive the Market

The growth in the economy has fostered the number of new industries entering the processing, textiles, agriculture, manufacturing, and metallurgy markets. Due to the high rate of industrialization and a growth in the population, the demand for electricity is set to increase rapidly over the forecast period. The increasing demand of electricity is expected to drive the market over the forecast period
According to the official report from the Ministry of Energy, over the next five years, more than USD 2.8 billion will be required to upgrade the existing infrastructure, and to further add to the power generation capacity, it will expectedly cost as much as USD 14.4 billion.
The government, in a bid to reduce the pressure on the state budget, has been emphasizing on reforming the power sector. Furthermore, to enhance the flow of technology and know-how into the country, the government is looking forward to attract foreign investment in the power sector, which is expected to provide significant growth opportunities.
Additionally, the country has been a major supplier of electricity to Afghanistan and, in a bid to strengthen the ties and remove the vulnerability of price fluctuations, officials from Afghanistan and Uzbekistan signed an agreement in September 2019.
With this agreement, the demand for electricity is expected to rise further, creating an additional demand for power generation and transmission infrastructure and is expected to drive the Uzbekistan power market EPC over the forecast period.

Uzbekistan Power Market — Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

Competitive Landscape

The Uzbekistan power EPC market is fragmented. The key players in this market Mitsubishi Heavy Industries Ltd, Masdar Clean Energy Company, Helios Energy Ltd, SkyPower Ltd, Federal Hydro-Generating Co RusHydro PAO and others.

Uzbekistan Power EPC Industry Leaders

Mitsubishi Heavy Industries Ltd
Masdar Clean Energy Company
Helios Energy Ltd
SkyPower Ltd
Federal Hydro-Generating Co RusHydro PAO
*Disclaimer: Major Players sorted in no particular order

CONC Final.PNG — Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

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Table of Contents for Uzbekistan Power EPC Industry Report

1. INTRODUCTION

1.1 Scope of the Study
1.2 Market Definition
1.3 Study Assumptions

2. EXECUTIVE SUMMARY

3. RESEARCH METHODOLOGY

4. MARKET OVERVIEW

4.1 Introduction
4.2 Uzebekistan Power EPC Market Potential, till 2025
4.3 Uzbekistan Electricity Generation in TWh, till 2018
4.4 Uzbekistan Primary Energy Consumption, by Fuel Type, in MTOE, 2018
4.5 Recent Trends and Developments
4.6 Government Policies and Regulations
4.7 Investment Opportunities
4.8 Market Dynamics
4.9 Drivers
- 4.9.1 Drivers
- 4.9.2 Restraints
4.10 PESTLE Analysis

5. MARKET SEGMENTATION

5.1 Power Generation Scenario by Fuel Type
- 5.1.1 Thermal
- 5.1.1.1 Market Overview
- 5.1.1.2 Key Project Information
- 5.1.1.2.1 Existing Projects
- 5.1.1.2.2 Planned and Upcoming Projects
- 5.1.2 Hydropower
- 5.1.2.1 Market Overview
- 5.1.2.2 Key Project Information
- 5.1.2.2.1 Existing Projects
- 5.1.2.2.2 Planned and Upcoming Projects
- 5.1.3 Renewables
- 5.1.3.1 Market Overview
- 5.1.3.2 Key Project Information
- 5.1.3.2.1 Existing Projects
- 5.1.3.2.2 Planned and Upcoming Projects
- 5.1.4 Nuclear
- 5.1.4.1 Market Overview
- 5.1.4.2 Key Project Information
- 5.1.4.2.1 Planned Projects
5.2 Power Transmission and Distribution Scenario
- 5.2.1 Market Overview
- 5.2.2 Projects
- 5.2.3 Planned and Upcoming Projects

6. COMPETITIVE LANDSCAPE

6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
6.2 Company Profiles
- 6.2.1 QISHLOQENERGOLOYIHA
- 6.2.2 Mitsubishi Heavy Industries Ltd
- 6.2.3 Masdar Clean Energy Company
- 6.2.4 Helios Energy Ltd
- 6.2.5 SkyPower Ltd
- 6.2.6 Federal Hydro-Generating Co RusHydro PAO
- 6.2.7 Rosatom Corp.
*List Not Exhaustive
6.3 List of Organizations/Agencies Involved in the Market

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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Uzbekistan Power EPC Market Report Scope

The Uzbekistan Power EPC Market report include:

Power Generation Scenario by Fuel Type

Thermal	Market Overview

	Key Project Information	Existing Projects
		Planned and Upcoming Projects
Hydropower	Market Overview
		Existing Projects
		Planned and Upcoming Projects
Renewables	Market Overview
		Existing Projects
		Planned and Upcoming Projects
Nuclear	Market Overview
		Planned Projects

Power Transmission and Distribution Scenario

Market Overview

Projects

Planned and Upcoming Projects

Power Generation Scenario by Fuel Type	Thermal	Market Overview

		Key Project Information	Existing Projects
			Planned and Upcoming Projects

	Hydropower	Market Overview
			Existing Projects
			Planned and Upcoming Projects

	Renewables	Market Overview
			Existing Projects
			Planned and Upcoming Projects

	Nuclear	Market Overview
			Planned Projects
Power Transmission and Distribution Scenario	Market Overview
	Projects
	Planned and Upcoming Projects

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Key Questions Answered in the Report

What is the current Uzbekistan Power EPC Market size?

The Uzbekistan Power EPC Market is projected to register a CAGR of 2.41% during the forecast period (2025-2030)

Who are the key players in Uzbekistan Power EPC Market?

Mitsubishi Heavy Industries Ltd, Masdar Clean Energy Company, Helios Energy Ltd, SkyPower Ltd and Federal Hydro-Generating Co RusHydro PAO are the major companies operating in the Uzbekistan Power EPC Market.

What years does this Uzbekistan Power EPC Market cover?

The report covers the Uzbekistan Power EPC Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Uzbekistan Power EPC Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Page last updated on: December 6, 2025