Uzbekistan Nuclear Project Could Bring Russia Orders Worth $22 Billion

Uzbekistan Nuclear Project Could Bring Russia Orders Worth $22 Billion
March 26, 2026

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Uzbekistan Nuclear Project Could Bring Russia Orders Worth $22 Billion

Uzbekistan’s first nuclear power plant, based on small modular reactor (SMR) technology, has entered a new phase, with initial construction, including concrete works, beginning at the site in the Farish district of the Jizzakh region on March 24. The project is part of Uzbekistan’s long-running plan to diversify its energy mix and reduce reliance on gas-fired power generation.

The milestone was marked by parallel ceremonies held in Tashkent and at the construction site. During the events, Uzbekistan’s nuclear energy agency Uzatom and Russia’s state nuclear corporation Rosatom signed several key documents, formally advancing the project to the implementation stage. These included a cooperation roadmap covering nuclear and related sectors, as well as an addendum to the contract for building an integrated nuclear power facility in Uzbekistan. The documents were signed by Uzatom Director Azim Akhmedkhadjaev and Rosatom Director General Alexey Likhachev.

Speaking to reporters, Likhachev said the project could also have significant economic benefits for Russia. According to the Russian news agency TASS, he stated that construction of even a small reactor unit at the Uzbek site could generate orders worth up to $22 billion for Russian companies. He added that the project could create around 1,000 jobs in Russia.

Likhachev also outlined broader potential economic returns, saying that for every ruble invested during construction, up to 1.5 rubles could be returned to the Russian economy, rising to as much as two rubles during the plant’s operational phase.

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