Energy · Critical minerals · Infrastructure · Industry · Agriculture
CAPPA connects international investors with bankable projects across Uzbekistan and Central Asia — energy and renewables, critical & rare-earth minerals, infrastructure, industry and agriculture. With mandates from regional governments (hokimiyats) and ministries, we guide every agreement and approval from first mandate to financial close. Hire us as your advisor, consultant and local agent.
The national portfolio and regional pipelines: cost, capital required, jobs and the initiating party for each project.
46 projects · $1.66bn open to foreign investment
Gold marks portfolios already delivered.
7 regions have delivered their project lists. The rest are in progress — pick any region to see its status.
renovation, infrastructure, PPP
95 projects
38 projects: pharma, auto parts, electronics
18 projects
tourism, industry, energy
mining and processing
chemicals, textiles, agriculture
Letters of consent to cooperate from 8 regional authorities and a ministry, 2 of them formalised as signed memoranda. Further pipelines in preparation.
CAPPA’s core practice: from mandate to commercial operation. Below — what we do, how the approval path is structured and which agreements underpin a project.
A single accountable partner from first mandate to commercial operation.
We identify bankable opportunities aligned with Uzbekistan’s national energy program and structure them for international investors.
We manage the full approval path — Ministry of Energy, Ministry of Investment, Industry & Trade, Ministry of Economy & Finance — on your behalf.
Hands-on support securing the 25-year PPA, the Government Support Agreement and the Investment Agreement.
Setting up the local project company (operator), permits, land lease and regulatory compliance.
In-house energy engineering team plus a domestic manufacturer of solar collectors and heat pumps — we assemble and vet the technical package.
A single accountable partner on the ground from mandate through construction and commercial operation.
Click any step. We manage every approval and agreement on your behalf.
We sign an NDA, align the opportunity with the national program and sign an agency mandate with the investor.
A bankable structure backed by sovereign support. After the 2025 reform, electricity purchase (Uzenergosotish) and transmission (NEGU, via a TCA) are contracted separately; large projects sign a package: IA + PPA + GSA + TCA.
Signed before any project data is shared — protects both parties’ information. Every engagement starts here.
Between the investor and CAPPA — the only document on this list not signed with the state. It sets the scope of the mandate, territory and exclusivity, the success fee and the reporting regime. Signed immediately after the NDA and before any work begins.
Between the Government (Ministry of Investment, Industry & Trade) and the foreign investor. Locks in guarantees, tax incentives, investment volume (e.g. building solar/wind of hundreds of MW), land allocation and return-of-investment terms.
25-year offtake of the full output at a fixed tariff in foreign currency. After the 2025 reform it is signed with the offtaker, Uzenergosotish.
Sovereign support from the Ministry of Economy & Finance — liquidity and termination payments backing the offtaker’s obligations.
Grid connection and transmission services with the National Electric Grid (NEGU). Contracted separately from the PPA after the 2025 reform.
PPP structures (concession, BOOT, etc.) — the main route for most renewable tenders, with the strongest packaged government support.
The core contracts for design, equipment procurement and construction of the power plant (Engineering, Procurement, Construction / Management).
A separate storage-services (BESS) agreement: accumulate surplus green energy at peak generation and release it back to the grid.
Retail offtake contracts between regional distribution companies (e.g. JSC “Regional Electric Networks”) and consumers or industrial enterprises.
The country is opening access to its raw materials while requiring in-country processing. The briefing: what is permitted, who has already entered, which licences are required and where the openings remain.
Reserves, licensing, in-country processing requirements and the operators already present.
The 2025–2028 programme: assets, stakes, auction timing, deal terms and legal basis — verified against the official texts.
The state is exiting 41 major assets: 29 share packages go to public auction with international advisers, 12 flagships to IPO and SPO. Full list with stakes and timing, deal terms and legal basis.
Open all assets and termsThe laws and decrees that set the rules, and our authority to work under them.
Projects are delivered strictly within Uzbekistan’s renewable-energy legislation. Foundational acts:
CAPPA market intelligence · 9 October 2026
Recent developments, primary sources and the next questions for an Uzbekistan project.
Energy
Long-term power contracts, international financing and solar-plus-storage projects are shaping Uzbekistan’s energy market. CAPPA explains the evidence, the entry routes and what an investor should request before committing capital.
Investor briefing as of 9 October 2026; Sarimay inauguration reported for 16 September 2026
Read briefing →Investment
Uzbekistan offers several routes for international capital, from bonds and listed equity to industrial partnerships and infrastructure. CAPPA explains the opportunities, targeted incentives and practical support available through regional cooperation.
Investment briefing as of 5 October 2026; reported U.S. visit expected in mid-October
Read briefing →Investment
A reported mid-October visit with more than 100 U.S. companies puts commercial preparation in focus. CAPPA examines established business links, potential deal structures and what investors should ask before arriving.
Mid-October 2026, as reported on 25 September; exact dates to be confirmed
Read briefing →Investment
CAPPA ranks Uzbekistan’s 12 oblasts by foreign investments and loans in fixed assets. A separate table includes all 14 regional units, with Tashkent city in first place.
January–June 2026; source updated 25 July
Read briefing →Investment
The 23 September ceremony covered 206 projects at two different stages. CAPPA separates operating assets from the construction pipeline and the next partner opportunities.
23 September 2026
Read briefing →Investment
MIIT’s new selection programme targets prepared investment and export proposals. The notice states that its application link is valid until 20 October and excludes idea-stage proposals.
21 September 2026; notice updated 22 September
Read briefing →Historical timeline with the original source links.
Operators, engineers and manufacturers with on-the-ground experience.
Founder, CAPPA · consultant and agent · energy, minerals and investment
Founder of CAPPA. Originates and structures investment projects in Uzbekistan and Central Asia — energy and PPA, critical minerals, privatisation and regional portfolios. Works under government mandates with seven regional administrations and one ministry.
Expert in high-voltage equipment, high- and medium-voltage networks and substations · power engineer
Director of ACTIVE Energy LLC — a partner company of ABB and Hitachi.
Expert in investment banking and energy project finance
Currently at Ardmore Capital. Spent many years at JP Morgan Chase. Experienced with OPIC (Overseas Private Investment Corporation).
Expert in alternative energy
A well-known expert in alternative energy in Uzbekistan, representing Solar City Solutions LLC and Solar City Plus LLC. Since 2015 these companies have manufactured, deployed and serviced solar water-heating collectors, heat pumps and integrated green-energy systems across the country.
For investors and developers pursuing PPA / IPP projects in Uzbekistan. We work under an agency agreement, under NDA.
Tell us your capacity, technology and timeline — we’ll map the path.