News of Cental Asia
24.01.2026
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143
Central Asia to Launch Regional Electricity Market with World Bank Support
Central Asian countries to establish a regional electricity market with the support of the World Bank under the 10-year Regional Electricity Market Interconnectivity and Trade (REMIT) program, valued at more than $1 billion.
The initiative aims to integrate national power systems and expand cross-border electricity trade across the region.
The project will cover hydropower facilities in Kyrgyzstan and Tajikistan, thermal power plants in Uzbekistan, Kazakhstan, and Turkmenistan, as well as solar and wind energy projects.
The REMIT program seeks to strengthen energy infrastructure, integrate renewable energy sources, and increase electricity volumes.
The program is expected to improve the reliability of energy supply and generate up to $15 billion in economic benefits for the region by 2050.
Read more: https://bit.ly/4bbHHmO
