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Cengiz Holding

News about Cengiz Holding: events, facts and developments on tafs uz.

3 stories

Economy

Cengiz Holding plans to launch a power plant in the Jizzakh region by the end of 2026

Turkey's Cengiz Holding intends to commission a 550 MW combined-cycle power plant in Uzbekistan's Jizzakh region by the end of 2026. Chairman of the board Mehmet Cengiz told President Shavkat Mirziyoyev that the holding's third project is estimated at about $800 million, while total investments have exceeded $900 million. The company is also considering a fourth and possibly a fifth project, and Mirziyoyev proposed its participation in the construction of New Tashkent.

Javlon Tursunov
3 min read
Economy

Shavkat Mirziyoyev held meetings with fuel and energy sector investors as part of the investors' council

President of Uzbekistan Shavkat Mirziyoyev, as part of the first meeting of the fuel and energy sector investors' council, received delegations from Saudi ACWA Power led by Muhammad Abunayyan, Cengiz Holding led by Mehmet Cengiz, as well as the leadership of SOCAR and British Petroleum. The discussions covered expanding cooperation, green energy, infrastructure, construction of thermal power plants, and modernization of power grids.

Dilnoza Rahimova
2 min read