• Home
  • Politics
  • Health
  • World
  • Business
  • Finance
  • Tech
  • More
    • Sports
    • Entertainment
    • Lifestyle
What's Hot

What To Expect When Quitting Alcohol

March 6, 2026

US Lost Jobs In February, Showing Weaker Economy Than Expected

March 6, 2026

110 Funny Anniversary Quotes and Messages That Will Make You Laugh

March 6, 2026
Facebook Twitter Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
Saturday, March 7
Patriot Now NewsPatriot Now News
  • Home
  • Politics

    Security video shows brazen sexual assault of California woman by homeless man

    October 24, 2023

    Woman makes disturbing discovery after her boyfriend chases away home intruder who stabbed him

    October 24, 2023

    Poll finds Americans overwhelmingly support Israel’s war on Hamas, but younger Americans defend Hamas

    October 24, 2023

    Off-duty pilot charged with 83 counts of attempted murder after allegedly trying to shut off engines midflight on Alaska Airlines

    October 23, 2023

    Leaked audio of Shelia Jackson Lee abusively cursing staffer

    October 22, 2023
  • Health

    Disparities In Cataract Care Are A Sorry Sight

    October 16, 2023

    Vaccine Stocks—Including Pfizer, Moderna, BioNTech And Novavax—Slide Amid Plummeting Demand

    October 16, 2023

    Long-term steroid use should be a last resort

    October 16, 2023

    Rite Aid Files For Bankruptcy With More ‘Underperforming Stores’ To Close

    October 16, 2023

    Who’s Still Dying From Complications Related To Covid-19?

    October 16, 2023
  • World

    New York Democrat Dan Goldman Accuses ‘Conservatives in the South’ of Holding Rallies with ‘Swastikas’

    October 13, 2023

    IDF Ret. Major General Describes Rushing to Save Son, Granddaughter During Hamas Invasion

    October 13, 2023

    Black Lives Matter Group Deletes Tweet Showing Support for Hamas 

    October 13, 2023

    AOC Denounces NYC Rally Cheering Hamas Terrorism: ‘Unacceptable’

    October 13, 2023

    L.A. Prosecutors Call Out Soros-Backed Gascón for Silence on Israel

    October 13, 2023
  • Business

    US Lost Jobs In February, Showing Weaker Economy Than Expected

    March 6, 2026

    Trump Cuts Off Trade To Spain After Nation Bucked US On Iran War

    March 3, 2026

    Ford Recalls Over 4,000,000 Vehicles For Software Glitch

    February 26, 2026

    Jamieson Greer Says Trump Still Has ‘Very Durable Tools’ For Tariffs, Trade Deals

    February 22, 2026

    Scott Bessent Lays Out Future Of Trump’s Tariffs, Trade Deals

    February 22, 2026
  • Finance

    How Long Can Kyrgyzstan’s Economic Boom Keep Booming?

    February 18, 2026

    Ending China’s De Minimis Exception Brings 3 Benefits for Americans

    April 17, 2025

    The Trump Tariff Shock Should Push Indonesia to Reform Its Economy

    April 17, 2025

    Tariff Talks an Opportunity to Reinvigorate the Japan-US Alliance

    April 17, 2025

    How China’s Companies Are Responding to the US Trade War

    April 16, 2025
  • Tech

    Cruz Confronts Zuckerberg on Pointless Warning for Child Porn Searches

    February 2, 2024

    FTX Abandons Plans to Relaunch Crypto Exchange, Commits to Full Repayment of Customers and Creditors

    February 2, 2024

    Elon Musk Proposes Tesla Reincorporates in Texas After Delaware Judge Voids Pay Package

    February 2, 2024

    Tesla’s Elon Musk Tops Disney’s Bob Iger as Most Overrated Chief Executive

    February 2, 2024

    Mark Zuckerberg’s Wealth Grew $84 Billion in 2023 as Pedophiles Target Children on Facebook, Instagram

    February 2, 2024
  • More
    • Sports
    • Entertainment
    • Lifestyle
Patriot Now NewsPatriot Now News
Home»Finance»Uzbekistan, Russia to Start Construction of Small Nuclear Power Plants
Finance

Uzbekistan, Russia to Start Construction of Small Nuclear Power Plants

May 29, 2024No Comments5 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Uzbekistan, Russia to Start Construction of Small Nuclear Power Plants
Share
Facebook Twitter LinkedIn Pinterest Email

Amid a state visit to Uzbekistan this week, Russian President Vladimir Putin and Uzbek President Shavkat Mirziyoyev shook hands on an agreement that could see construction of Central Asia’s first nuclear power plant – though at a smaller scale than earlier anticipated – start as soon as this summer.

Mirziyoyev heralded Putin’s visit, one of his first trips abroad (after China and Belarus) following his recent inauguration into an unprecedented fifth term as president, as “historical” and marking “a new age in the comprehensive strategic partnership and alliance relations between our countries,”

Mirziyoyev said an agreement was signed on the implementation of a “low-power nuclear power plant.” The Uzbek president commented, “Almost all leading countries in the world ensure their energy security and sustainable development through nuclear energy.” Mirziyoyev called the project “vital.”

He went on to note Uzbekistan’s large uranium reserves. While Uzbekistan’s reserves are considerably smaller than those of neighboring Kazakhstan, Tashkent remains a major producer.

During Putin’s state visit, Rosatom Director General Alexey Likhachev  and UzAtom Director Azim Akhmedkhadzhaev agreed to expand cooperation. A contract was signed between Atomstroyexport, a Rosatom subsidiary that exports nuclear power equipment and services, and the UzAtom subsidiary responsible for the construction of Uzbekistan’s first nuclear power plants. 

Six reactors, with a capacity of 55 MW each – 330 MW total – are slated to be built in Jizzakh region. 

At the signing, Akhmedkhadzhaev pointed to soaring energy requirements in Uzbekistan, with demand expected to nearly double by 2050. 

“All over the world, we are now seeing an increase in interest in the creation of new nuclear capacities, both in terms of the construction of high-power nuclear power plants and in the projects of small modular reactors,” he said.

See also  Snowflake Stock Kicks Into Gear Ahead Of Fiscal Q1 Results; Nvidia, ELF Beauty, PANW Set To Report

The new agreement arguably builds off a nearly seven-year nuclear cooperation journey between the two countries.

In late December 2017, the two sides signed a nuclear cooperation agreement. The early discussions focused on two VVER-1200 pressurized water reactors, with a 2.5 GW capacity. In the next year, Uzbekistan shortlisted 10 sites for possible nuclear power plants, many of them in Jizzakh region.

In the summer of 2019, Uzbek officials mentioned ambitions to build four nuclear power units. In October 2019, Likhachev suggested in interviews that contracts for construction would be signed by year’s end – that didn’t happen. For the next few years the project seemed to stall, or at least discussions in public went dormant.

But in December 2022, amid a visit to Uzbekistan, Russian Prime Minister Mikhail Mishustin resurrected conversation about he project, saying it was “necessary to speed up the implementation of the agreements reached” on the nuclear power plant effort. 

At the time, I noted the challenges facing the project, most notably financial questions and geopolitical concerns, and factors influencing Russia’s desire to put it back on track.

And back on track it seems to be, albeit at a more limited scale.

Reporting on the most recent agreement, as mentioned above, cited plans for six small nuclear reactors. According to the International Atomic Energy Agency (IAEA) small modular reactors (SMRs) are “advanced nuclear reactors that have a power capacity of up to 300 MW(e) per unit, which is about one-third of the generating capacity of traditional nuclear power reactors.” The IAEA noted in a September 2023 explainer: “Both public and private institutions are actively participating in efforts to bring SMR technology to fruition within this decade.”

See also  Tesla Sales Drop Brings BYD Closest Ever to Global EV Crown

Rosatom’s Likhachev this week boasted that the agreement with Uzbekistan was the “first-ever export contract for the construction of a small nuclear power plant.”

“This is not just a preliminary agreement; we are starting construction this summer,” he said. 

Likhachev also said in an interview that plans for large nuclear power plants in Uzbekistan are still on the agenda, though specifics have not been offered. 

Russia and Uzbekistan set up a joint fund of $500 million to finance projects in Uzbekistan, with $400 million coming from the Russian side. Putin explained the funding decision thusly: “This is not because we have more money, but because we have great interests in this part of Asia and we see that they can be realized taking into account the stability of the political system and the conditions for investing in the economy of Uzbekistan.”

Uzbekistan has already begun to feel the pressure of its own rising energy demands, with notable gas shortages and electricity outages in recent years. The pressure is most acute on the country’s gas industry, with existing lucrative contracts to export to countries like China and Afghanistan clashing with domestic demands. In the short term, this has motivated Uzbekistan to engage in an unofficial “trilateral gas union” whereby Russian gas is imported into Uzbekistan via Kazakhstan. 

Adding nuclear power – even if just a little bit – as soon as possible may help alleviate the pressure, too.

Construction Nuclear Plants Power Russia Small start Uzbekistan
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

How Long Can Kyrgyzstan’s Economic Boom Keep Booming?

February 18, 2026

82 Funny March Quotes for Laughs, Less Stress and a Hilarious Start to Spring

January 30, 2026

Why Vision Protection And Outdoor Wellness Start With The Right Prescription Sunglasses

January 28, 2026

8 Science-Backed Brain-Boosting Habits To Start At Any Age

January 20, 2026
Add A Comment

Leave A Reply Cancel Reply

Top Posts

‘That’s Chilling To Me’: Dem Senator Asked Officials About Censorship Tools To Prevent Bank Runs, GOP Rep Says

March 14, 2023

Right-Wing Populists Set for Large Gains in EU Parliamentary Elections

August 11, 2023

5 Ways Personal Development Boosts Your Well-Being

July 7, 2023

Why Naming Your Emotions Helps You Regulate Them

September 12, 2025
Don't Miss

What To Expect When Quitting Alcohol

Lifestyle March 6, 2026

Quitting alcohol may not be the hardest thing a person does, but it will not…

US Lost Jobs In February, Showing Weaker Economy Than Expected

March 6, 2026

110 Funny Anniversary Quotes and Messages That Will Make You Laugh

March 6, 2026

Trump Cuts Off Trade To Spain After Nation Bucked US On Iran War

March 3, 2026
About
About

This is your World, Tech, Health, Entertainment and Sports website. We provide the latest breaking news straight from the News industry.

We're social. Connect with us:

Facebook Twitter Instagram Pinterest
Categories
  • Business (4,307)
  • Entertainment (4,220)
  • Finance (3,203)
  • Health (1,938)
  • Lifestyle (1,840)
  • Politics (3,084)
  • Sports (4,036)
  • Tech (2,006)
  • Uncategorized (4)
  • World (3,944)
Our Picks

Biden cheers debt ceiling ‘crisis averted’ from Oval Office

June 4, 2023

Peter Thomas Roth Retinol Fusion Cream Is On Sale at QVC

February 9, 2024

Homeless activist outraged that LA city workers tore down her ‘tent mansion’ that had a hot tub, linoleum floor, and kitchen

March 5, 2023
Popular Posts

What To Expect When Quitting Alcohol

March 6, 2026

US Lost Jobs In February, Showing Weaker Economy Than Expected

March 6, 2026

110 Funny Anniversary Quotes and Messages That Will Make You Laugh

March 6, 2026
© 2026 Patriotnownews.com - All rights reserved.
  • Contact
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.