JSC Thermal Power Stations Reports $583.84 Million Investment in Uzbekistan's Energy Sector for 2025
JSC Thermal Power Stations, Uzbekistan's main energy producer, reported a 2025 investment of $583.84 million, exceeding its $443.2 million target. Key projects included a 2.3 MW cogeneration unit in Tashkent with ILTEKNO and a 100 MW gas piston plant with CNTIC. The Talimarjan Thermal Power Station saw the addition of 1,065 MW capacity through combined-cycle gas turbines at a cost of $944.8 million. Fitch Ratings affirmed the company's 'BB' rating, indicating strong financial health.
In 2025, JSC Thermal Power Stations in Uzbekistan achieved an investment total of $583.84 million, surpassing its target of $443.2 million. This included the completion of a 2.3 MW cogeneration unit in Tashkent with ILTEKNO and a 100 MW gas piston power plant at Thermal Center No. 4 in partnership with CNTIC.
The Talimarjan Thermal Power Station added 1,065 MW of capacity through modern combined-cycle gas turbine units for $944.8 million. International collaboration involved firms from Japan, Spain, and Turkey. Fitch Ratings affirmed the company's 'BB' rating, reflecting its strong financial position.




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