Action 1: Government adopted the power sector development program for 2020-2030 developed by the Ministry of Energy as the new sector regulatory and policy-making entity which contains (i) long-term investment program to decarbonize the sector; (ii) diversification of energy resources; and (iii) time-bound plan for deregulation and competitive power market description of policy action. Target value: 15 Action 1: Government adopted the power sector development program for 2020-2030 developed by the Ministry of Energy as the new sector regulatory and policy-making entity which contains (i) long-term investment program to decarbonize the sector; (ii) diversification of energy resources; and (iii) time-bound plan for deregulation and competitive power market description of policy action. Target value: 15 Action 1: Government adopted the power sector development program for 2020-2030 developed by the Ministry of Energy as the new sector regulatory and policy-making entity which contains (i) long-term investment program to decarbonize the sector; (ii) diversification of energy resources; and (iii) time-bound plan for deregulation and competitive power market description of policy action. Target value: 15 Action 1: Government adopted the power sector development program for 2020-2030 developed by the Ministry of Energy as the new sector regulatory and policy-making entity which contains (i) long-term investment program to decarbonize the sector; (ii) diversification of energy resources; and (iii) time-bound plan for deregulation and competitive power market description of policy action. Target value: 15 Action 1: Government adopted the power sector development program for 2020-2030 developed by the Ministry of Energy as the new sector regulatory and policy-making entity which contains (i) long-term investment program to decarbonize the sector; (ii) diversification of energy resources; and (iii) time-bound plan for deregulation and competitive power market description of policy action. Target value: 15 Action 1: Government adopted the power sector development program for 2020-2030 developed by the Ministry of Energy as the new sector regulatory and policy-making entity which contains (i) long-term investment program to decarbonize the sector; (ii) diversification of energy resources; and (iii) time-bound plan for deregulation and competitive power market description of policy action. Target value: 15 Action 1: Government adopted the power sector development program for 2020-2030 developed by the Ministry of Energy as the new sector regulatory and policy-making entity which contains (i) long-term investment program to decarbonize the sector; (ii) diversification of energy resources; and (iii) time-bound plan for deregulation and competitive power market description of policy action. Target value: 15 Action 1: Government adopted the power sector development program for 2020-2030 developed by the Ministry of Energy as the new sector regulatory and policy-making entity which contains (i) long-term investment program to decarbonize the sector; (ii) diversification of energy resources; and (iii) time-bound plan for deregulation and competitive power market description of policy action. Target value: 15 Action 2: Government (i) approved a power sector reform implementation plan for 2019-2022, (ii) unbundled Uzbekenergo; and operationalized the newly created JSC TPP and 10 generation companies, JSC NEGU, and JSC REPN with accounting, functional and legal separation completed, and (iii) JSC TPP, JSC NEGU, and JSC REPN approved KPIs to establish separate operational targets for the unbundled entities. Target value: 15 Action 2: Government (i) approved a power sector reform implementation plan for 2019-2022, (ii) unbundled Uzbekenergo; and operationalized the newly created JSC TPP and 10 generation companies, JSC NEGU, and JSC REPN with accounting, functional and legal separation completed, and (iii) JSC TPP, JSC NEGU, and JSC REPN approved KPIs to establish separate operational targets for the unbundled entities. Target value: 15 Action 2: Government (i) approved a power sector reform implementation plan for 2019-2022, (ii) unbundled Uzbekenergo; and operationalized the newly created JSC TPP and 10 generation companies, JSC NEGU, and JSC REPN with accounting, functional and legal separation completed, and (iii) JSC TPP, JSC NEGU, and JSC REPN approved KPIs to establish separate operational targets for the unbundled entities. Target value: 15 Action 2: Government (i) approved a power sector reform implementation plan for 2019-2022, (ii) unbundled Uzbekenergo; and operationalized the newly created JSC TPP and 10 generation companies, JSC NEGU, and JSC REPN with accounting, functional and legal separation completed, and (iii) JSC TPP, JSC NEGU, and JSC REPN approved KPIs to establish separate operational targets for the unbundled entities. Target value: 15 Action 2: Government (i) approved a power sector reform implementation plan for 2019-2022, (ii) unbundled Uzbekenergo; and operationalized the newly created JSC TPP and 10 generation companies, JSC NEGU, and JSC REPN with accounting, functional and legal separation completed, and (iii) JSC TPP, JSC NEGU, and JSC REPN approved KPIs to establish separate operational targets for the unbundled entities. Target value: 15 Action 2: Government (i) approved a power sector reform implementation plan for 2019-2022, (ii) unbundled Uzbekenergo; and operationalized the newly created JSC TPP and 10 generation companies, JSC NEGU, and JSC REPN with accounting, functional and legal separation completed, and (iii) JSC TPP, JSC NEGU, and JSC REPN approved KPIs to establish separate operational targets for the unbundled entities. Target value: 15 Action 2: Government (i) approved a power sector reform implementation plan for 2019-2022, (ii) unbundled Uzbekenergo; and operationalized the newly created JSC TPP and 10 generation companies, JSC NEGU, and JSC REPN with accounting, functional and legal separation completed, and (iii) JSC TPP, JSC NEGU, and JSC REPN approved KPIs to establish separate operational targets for the unbundled entities. Target value: 15 Action 2: Government (i) approved a power sector reform implementation plan for 2019-2022, (ii) unbundled Uzbekenergo; and operationalized the newly created JSC TPP and 10 generation companies, JSC NEGU, and JSC REPN with accounting, functional and legal separation completed, and (iii) JSC TPP, JSC NEGU, and JSC REPN approved KPIs to establish separate operational targets for the unbundled entities. Target value: 15 Action 3: To promote gender equality in the power sector, MOE adopted a policy for promoting gender equality, including gender responsive HR policies and women-friendly infrastructure at workplace. Target value: 15 Action 3: To promote gender equality in the power sector, MOE adopted a policy for promoting gender equality, including gender responsive HR policies and women-friendly infrastructure at workplace. Target value: 15 Action 3: To promote gender equality in the power sector, MOE adopted a policy for promoting gender equality, including gender responsive HR policies and women-friendly infrastructure at workplace. Target value: 15 Action 3: To promote gender equality in the power sector, MOE adopted a policy for promoting gender equality, including gender responsive HR policies and women-friendly infrastructure at workplace. Target value: 15 Action 3: To promote gender equality in the power sector, MOE adopted a policy for promoting gender equality, including gender responsive HR policies and women-friendly infrastructure at workplace. Target value: 15 Action 3: To promote gender equality in the power sector, MOE adopted a policy for promoting gender equality, including gender responsive HR policies and women-friendly infrastructure at workplace. Target value: 15 Action 3: To promote gender equality in the power sector, MOE adopted a policy for promoting gender equality, including gender responsive HR policies and women-friendly infrastructure at workplace. Target value: 15 Action 3: To promote gender equality in the power sector, MOE adopted a policy for promoting gender equality, including gender responsive HR policies and women-friendly infrastructure at workplace. Target value: 15 Action 1: Government approved the next stage of energy sector reform, including electricity sector market liberalization concept and a phased transition road map, to be implemented over 2023-2030, for opening of the electricity market and establishment of an independent market operator to promote competition and private sector participation in the sector. Target value: 15 Action 1: Government approved the next stage of energy sector reform, including electricity sector market liberalization concept and a phased transition road map, to be implemented over 2023-2030, for opening of the electricity market and establishment of an independent market operator to promote competition and private sector participation in the sector. Target value: 15 Action 1: Government approved the next stage of energy sector reform, including electricity sector market liberalization concept and a phased transition road map, to be implemented over 2023-2030, for opening of the electricity market and establishment of an independent market operator to promote competition and private sector participation in the sector. Target value: 15 Action 1: Government approved the next stage of energy sector reform, including electricity sector market liberalization concept and a phased transition road map, to be implemented over 2023-2030, for opening of the electricity market and establishment of an independent market operator to promote competition and private sector participation in the sector. Target value: 15 Action 1: Government approved the next stage of energy sector reform, including electricity sector market liberalization concept and a phased transition road map, to be implemented over 2023-2030, for opening of the electricity market and establishment of an independent market operator to promote competition and private sector participation in the sector. Target value: 15 Action 1: Government approved the next stage of energy sector reform, including electricity sector market liberalization concept and a phased transition road map, to be implemented over 2023-2030, for opening of the electricity market and establishment of an independent market operator to promote competition and private sector participation in the sector. Target value: 15 Action 1: Government approved the next stage of energy sector reform, including electricity sector market liberalization concept and a phased transition road map, to be implemented over 2023-2030, for opening of the electricity market and establishment of an independent market operator to promote competition and private sector participation in the sector. Target value: 15 Action 1: Government approved the next stage of energy sector reform, including electricity sector market liberalization concept and a phased transition road map, to be implemented over 2023-2030, for opening of the electricity market and establishment of an independent market operator to promote competition and private sector participation in the sector. Target value: 15 Action 2: Government submitted to the Parliament the new Electricity law based on the sector market liberalization concept to ensure transparent and non-discriminatory functioning of the sector and sector entities, and promote private investments and renewable energy penetration. Target value: 15 Action 2: Government submitted to the Parliament the new Electricity law based on the sector market liberalization concept to ensure transparent and non-discriminatory functioning of the sector and sector entities, and promote private investments and renewable energy penetration. Target value: 15 Action 2: Government submitted to the Parliament the new Electricity law based on the sector market liberalization concept to ensure transparent and non-discriminatory functioning of the sector and sector entities, and promote private investments and renewable energy penetration. Target value: 15 Action 2: Government submitted to the Parliament the new Electricity law based on the sector market liberalization concept to ensure transparent and non-discriminatory functioning of the sector and sector entities, and promote private investments and renewable energy penetration. Target value: 15 Action 2: Government submitted to the Parliament the new Electricity law based on the sector market liberalization concept to ensure transparent and non-discriminatory functioning of the sector and sector entities, and promote private investments and renewable energy penetration. Target value: 15 Action 2: Government submitted to the Parliament the new Electricity law based on the sector market liberalization concept to ensure transparent and non-discriminatory functioning of the sector and sector entities, and promote private investments and renewable energy penetration. Target value: 15 Action 2: Government submitted to the Parliament the new Electricity law based on the sector market liberalization concept to ensure transparent and non-discriminatory functioning of the sector and sector entities, and promote private investments and renewable energy penetration. Target value: 15 Action 2: Government submitted to the Parliament the new Electricity law based on the sector market liberalization concept to ensure transparent and non-discriminatory functioning of the sector and sector entities, and promote private investments and renewable energy penetration. Target value: 15 Action 3: The newly created 9 JSC TPPs and 14 distribution subsidiary branches generated IFRS-based audit financial statements for full consolidation with JSC TPP and JSC REPN. Target value: 15 Action 3: The newly created 9 JSC TPPs and 14 distribution subsidiary branches generated IFRS-based audit financial statements for full consolidation with JSC TPP and JSC REPN. Target value: 15 Action 3: The newly created 9 JSC TPPs and 14 distribution subsidiary branches generated IFRS-based audit financial statements for full consolidation with JSC TPP and JSC REPN. Target value: 15 Action 3: The newly created 9 JSC TPPs and 14 distribution subsidiary branches generated IFRS-based audit financial statements for full consolidation with JSC TPP and JSC REPN. Target value: 15 Action 3: The newly created 9 JSC TPPs and 14 distribution subsidiary branches generated IFRS-based audit financial statements for full consolidation with JSC TPP and JSC REPN. Target value: 15 Action 3: The newly created 9 JSC TPPs and 14 distribution subsidiary branches generated IFRS-based audit financial statements for full consolidation with JSC TPP and JSC REPN. Target value: 15 Action 3: The newly created 9 JSC TPPs and 14 distribution subsidiary branches generated IFRS-based audit financial statements for full consolidation with JSC TPP and JSC REPN. Target value: 15 Action 3: The newly created 9 JSC TPPs and 14 distribution subsidiary branches generated IFRS-based audit financial statements for full consolidation with JSC TPP and JSC REPN. Target value: 15 Action 4: MOE approved Strategy for implementation and monitoring of the Energy Sector Gender Policy. Target value: 15 Action 4: MOE approved Strategy for implementation and monitoring of the Energy Sector Gender Policy. Target value: 15 Action 4: MOE approved Strategy for implementation and monitoring of the Energy Sector Gender Policy. Target value: 15 Action 4: MOE approved Strategy for implementation and monitoring of the Energy Sector Gender Policy. Target value: 15 Action 4: MOE approved Strategy for implementation and monitoring of the Energy Sector Gender Policy. Target value: 15 Action 4: MOE approved Strategy for implementation and monitoring of the Energy Sector Gender Policy. Target value: 15 Action 4: MOE approved Strategy for implementation and monitoring of the Energy Sector Gender Policy. Target value: 15 Action 4: MOE approved Strategy for implementation and monitoring of the Energy Sector Gender Policy. Target value: 15 Action 5: MOE to approve grievance redressal mechanism for gender-based violence prevention at workplace. Target value: 15 Action 5: MOE to approve grievance redressal mechanism for gender-based violence prevention at workplace. Target value: 15 Action 5: MOE to approve grievance redressal mechanism for gender-based violence prevention at workplace. Target value: 15 Action 5: MOE to approve grievance redressal mechanism for gender-based violence prevention at workplace. Target value: 15 Action 5: MOE to approve grievance redressal mechanism for gender-based violence prevention at workplace. Target value: 15 Action 5: MOE to approve grievance redressal mechanism for gender-based violence prevention at workplace. Target value: 15 Action 5: MOE to approve grievance redressal mechanism for gender-based violence prevention at workplace. Target value: 15 Action 5: MOE to approve grievance redressal mechanism for gender-based violence prevention at workplace. Target value: 15 Action 1: Government established and operationalized an autonomous tariff commission under the Cabinet of Ministers to set and enforce cost recovery tariffs. Base year: 2019 Base value: 0.93-1.03 Target value: 1 or higher

Policy 2: Sector financial sustainability improved Outcome 1: Ratio of operating revenue to operating sector cost of unbundled state-owned electricity utilities increased to 1 or higher by 2025 (2019 baseline: 0.93 JSC REPN, 1.03 JSC NEGU, not available for JSC TPP). Action 1: Government established and operationalized an autonomous tariff commission under the Cabinet of Ministers to set and enforce cost recovery tariffs. Base year: 2019 Base value: 0.93-1.03 Target value: 1 or higher Action 1: Government established and operationalized an autonomous tariff commission under the Cabinet of Ministers to set and enforce cost recovery tariffs. Base year: 2019 Base value: 0.93-1.03 Target value: 1 or higher Action 1: Government established and operationalized an autonomous tariff commission under the Cabinet of Ministers to set and enforce cost recovery tariffs. Base year: 2019 Base value: 0.93-1.03 Target value: 1 or higher Action 1: Government established and operationalized an autonomous tariff commission under the Cabinet of Ministers to set and enforce cost recovery tariffs. Base year: 2019 Base value: 0.93-1.03 Target value: 1 or higher Action 1: Government established and operationalized an autonomous tariff commission under the Cabinet of Ministers to set and enforce cost recovery tariffs. Base year: 2019 Base value: 0.93-1.03 Target value: 1 or higher Action 2: Government implemented a single-buyer market structure for power sector mandating JSC NEGU to be the single buyer and an action plan to roll out country-wide advance electricity metering system. Base year: 2019 Base value: 0.93-1.03 Target value: 1 or higher Action 2: Government implemented a single-buyer market structure for power sector mandating JSC NEGU to be the single buyer and an action plan to roll out country-wide advance electricity metering system. Base year: 2019 Base value: 0.93-1.03 Target value: 1 or higher Action 2: Government implemented a single-buyer market structure for power sector mandating JSC NEGU to be the single buyer and an action plan to roll out country-wide advance electricity metering system. Base year: 2019 Base value: 0.93-1.03 Target value: 1 or higher Action 2: Government implemented a single-buyer market structure for power sector mandating JSC NEGU to be the single buyer and an action plan to roll out country-wide advance electricity metering system. Base year: 2019 Base value: 0.93-1.03 Target value: 1 or higher Action 2: Government implemented a single-buyer market structure for power sector mandating JSC NEGU to be the single buyer and an action plan to roll out country-wide advance electricity metering system. Base year: 2019 Base value: 0.93-1.03 Target value: 1 or higher Action 2: Government implemented a single-buyer market structure for power sector mandating JSC NEGU to be the single buyer and an action plan to roll out country-wide advance electricity metering system. Base year: 2019 Base value: 0.93-1.03 Target value: 1 or higher Action 3: Government has approved the use of the following structures for selected energy projects in order to encourage private investments: (i) credit enhancement mechanism to mitigate off-taker risks as interim measure to build market confidence; (ii) seeking private investments in renewable generation using model PPP structure; and (iii) has approved a grid interconnection code for non-discriminative access to the grid. Base year: 2019 Base value: 0.93-1.03 Target value: 1 or higher Action 3: Government has approved the use of the following structures for selected energy projects in order to encourage private investments: (i) credit enhancement mechanism to mitigate off-taker risks as interim measure to build market confidence; (ii) seeking private investments in renewable generation using model PPP structure; and (iii) has approved a grid interconnection code for non-discriminative access to the grid. Base year: 2019 Base value: 0.93-1.03 Target value: 1 or higher Action 3: Government has approved the use of the following structures for selected energy projects in order to encourage private investments: (i) credit enhancement mechanism to mitigate off-taker risks as interim measure to build market confidence; (ii) seeking private investments in renewable generation using model PPP structure; and (iii) has approved a grid interconnection code for non-discriminative access to the grid. Base year: 2019 Base value: 0.93-1.03 Target value: 1 or higher Action 3: Government has approved the use of the following structures for selected energy projects in order to encourage private investments: (i) credit enhancement mechanism to mitigate off-taker risks as interim measure to build market confidence; (ii) seeking private investments in renewable generation using model PPP structure; and (iii) has approved a grid interconnection code for non-discriminative access to the grid. Base year: 2019 Base value: 0.93-1.03 Target value: 1 or higher Action 3: Government has approved the use of the following structures for selected energy projects in order to encourage private investments: (i) credit enhancement mechanism to mitigate off-taker risks as interim measure to build market confidence; (ii) seeking private investments in renewable generation using model PPP structure; and (iii) has approved a grid interconnection code for non-discriminative access to the grid. Base year: 2019 Base value: 0.93-1.03 Target value: 1 or higher Action 3: Government has approved the use of the following structures for selected energy projects in order to encourage private investments: (i) credit enhancement mechanism to mitigate off-taker risks as interim measure to build market confidence; (ii) seeking private investments in renewable generation using model PPP structure; and (iii) has approved a grid interconnection code for non-discriminative access to the grid. Base year: 2019 Base value: 0.93-1.03 Target value: 1 or higher Action 4: MOE approved a gender sector policy for the power sector PPP projects to promote gender equality with a view to reaching a 5% target of total female employment. Base year: 2019 Base value: 0.93-1.03 Target value: 1 or higher Action 4: MOE approved a gender sector policy for the power sector PPP projects to promote gender equality with a view to reaching a 5% target of total female employment. Base year: 2019 Base value: 0.93-1.03 Target value: 1 or higher Action 4: MOE approved a gender sector policy for the power sector PPP projects to promote gender equality with a view to reaching a 5% target of total female employment. Base year: 2019 Base value: 0.93-1.03 Target value: 1 or higher Action 4: MOE approved a gender sector policy for the power sector PPP projects to promote gender equality with a view to reaching a 5% target of total female employment. Base year: 2019 Base value: 0.93-1.03 Target value: 1 or higher Action 4: MOE approved a gender sector policy for the power sector PPP projects to promote gender equality with a view to reaching a 5% target of total female employment. Base year: 2019 Base value: 0.93-1.03 Target value: 1 or higher Action 4: MOE approved a gender sector policy for the power sector PPP projects to promote gender equality with a view to reaching a 5% target of total female employment. Base year: 2019 Base value: 0.93-1.03 Target value: 1 or higher Action 1: The government established an independent energy market regulator governing the sector with key functions of developing market rules and regulations, tariff determination, licensing, and market development. Base year: 2019 Base value: 0.93-1.03 Target value: 1 or higher Action 1: The government established an independent energy market regulator governing the sector with key functions of developing market rules and regulations, tariff determination, licensing, and market development. Base year: 2019 Base value: 0.93-1.03 Target value: 1 or higher Action 1: The government established an independent energy market regulator governing the sector with key functions of developing market rules and regulations, tariff determination, licensing, and market development. Base year: 2019 Base value: 0.93-1.03 Target value: 1 or higher Action 1: The government established an independent energy market regulator governing the sector with key functions of developing market rules and regulations, tariff determination, licensing, and market development. Base year: 2019 Base value: 0.93-1.03 Target value: 1 or higher Action 1: The government established an independent energy market regulator governing the sector with key functions of developing market rules and regulations, tariff determination, licensing, and market development. Base year: 2019 Base value: 0.93-1.03 Target value: 1 or higher Action 1: The government established an independent energy market regulator governing the sector with key functions of developing market rules and regulations, tariff determination, licensing, and market development. Base year: 2019 Base value: 0.93-1.03 Target value: 1 or higher Action 2: Government adopted a new tariff methodology including social protection measures for the vulnerable. Base year: 2019 Base value: 0.93-1.03 Target value: 1 or higher Action 2: Government adopted a new tariff methodology including social protection measures for the vulnerable. Base year: 2019 Base value: 0.93-1.03 Target value: 1 or higher Action 2: Government adopted a new tariff methodology including social protection measures for the vulnerable. Base year: 2019 Base value: 0.93-1.03 Target value: 1 or higher Action 2: Government adopted a new tariff methodology including social protection measures for the vulnerable. Base year: 2019 Base value: 0.93-1.03 Target value: 1 or higher Action 2: Government adopted a new tariff methodology including social protection measures for the vulnerable. Base year: 2019 Base value: 0.93-1.03 Target value: 1 or higher Action 2: Government adopted a new tariff methodology including social protection measures for the vulnerable. Base year: 2019 Base value: 0.93-1.03 Target value: 1 or higher Action 3: Government decoupled the functions of single buyer from JSC NEGU and transferred it to newly established guaranteed buyer (JSC Uzenergosotish) as central buyer, off taker and seller of electricity. Base year: 2019 Base value: 0.93-1.03 Target value: 1 or higher Action 3: Government decoupled the functions of single buyer from JSC NEGU and transferred it to newly established guaranteed buyer (JSC Uzenergosotish) as central buyer, off taker and seller of electricity. Base year: 2019 Base value: 0.93-1.03 Target value: 1 or higher Action 3: Government decoupled the functions of single buyer from JSC NEGU and transferred it to newly established guaranteed buyer (JSC Uzenergosotish) as central buyer, off taker and seller of electricity. Base year: 2019 Base value: 0.93-1.03 Target value: 1 or higher Action 3: Government decoupled the functions of single buyer from JSC NEGU and transferred it to newly established guaranteed buyer (JSC Uzenergosotish) as central buyer, off taker and seller of electricity. Base year: 2019 Base value: 0.93-1.03 Target value: 1 or higher Action 3: Government decoupled the functions of single buyer from JSC NEGU and transferred it to newly established guaranteed buyer (JSC Uzenergosotish) as central buyer, off taker and seller of electricity. Base year: 2019 Base value: 0.93-1.03 Target value: 1 or higher Action 3: Government decoupled the functions of single buyer from JSC NEGU and transferred it to newly established guaranteed buyer (JSC Uzenergosotish) as central buyer, off taker and seller of electricity. Base year: 2019 Base value: 0.93-1.03 Target value: 1 or higher Action 4: Government decoupled the function of retail business from REPN and transferred it to the newly created subsidiary (LLC Energosavdo) with plans to later privatize the distribution network functions of regional distribution companies. Base year: 2019 Base value: 0.93-1.03 Target value: 1 or higher Action 4: Government decoupled the function of retail business from REPN and transferred it to the newly created subsidiary (LLC Energosavdo) with plans to later privatize the distribution network functions of regional distribution companies. Base year: 2019 Base value: 0.93-1.03 Target value: 1 or higher Action 4: Government decoupled the function of retail business from REPN and transferred it to the newly created subsidiary (LLC Energosavdo) with plans to later privatize the distribution network functions of regional distribution companies. Base year: 2019 Base value: 0.93-1.03 Target value: 1 or higher Action 4: Government decoupled the function of retail business from REPN and transferred it to the newly created subsidiary (LLC Energosavdo) with plans to later privatize the distribution network functions of regional distribution companies. Base year: 2019 Base value: 0.93-1.03 Target value: 1 or higher Action 4: Government decoupled the function of retail business from REPN and transferred it to the newly created subsidiary (LLC Energosavdo) with plans to later privatize the distribution network functions of regional distribution companies. Base year: 2019 Base value: 0.93-1.03 Target value: 1 or higher Action 4: Government decoupled the function of retail business from REPN and transferred it to the newly created subsidiary (LLC Energosavdo) with plans to later privatize the distribution network functions of regional distribution companies. Base year: 2019 Base value: 0.93-1.03 Target value: 1 or higher Action 5: Government adopted the transmission grid code, serving as the framework for grid usage, system services, grid expansion, general grid operation and network efficiency. Base year: 2019 Base value: 0.93-1.03 Target value: 1 or higher Action 5: Government adopted the transmission grid code, serving as the framework for grid usage, system services, grid expansion, general grid operation and network efficiency. Base year: 2019 Base value: 0.93-1.03 Target value: 1 or higher Action 5: Government adopted the transmission grid code, serving as the framework for grid usage, system services, grid expansion, general grid operation and network efficiency. Base year: 2019 Base value: 0.93-1.03 Target value: 1 or higher Action 5: Government adopted the transmission grid code, serving as the framework for grid usage, system services, grid expansion, general grid operation and network efficiency. Base year: 2019 Base value: 0.93-1.03 Target value: 1 or higher Action 5: Government adopted the transmission grid code, serving as the framework for grid usage, system services, grid expansion, general grid operation and network efficiency. Base year: 2019 Base value: 0.93-1.03 Target value: 1 or higher Action 5: Government adopted the transmission grid code, serving as the framework for grid usage, system services, grid expansion, general grid operation and network efficiency. Base year: 2019 Base value: 0.93-1.03 Target value: 1 or higher Action 6: Government adopted debt management plan to reduce NEGU's debt-stock and remove bottlenecks responsible for the debt-flow. Base year: 2019 Base value: 0.93-1.03 Target value: 1 or higher Action 6: Government adopted debt management plan to reduce NEGU's debt-stock and remove bottlenecks responsible for the debt-flow. Base year: 2019 Base value: 0.93-1.03 Target value: 1 or higher Action 6: Government adopted debt management plan to reduce NEGU's debt-stock and remove bottlenecks responsible for the debt-flow. Base year: 2019 Base value: 0.93-1.03 Target value: 1 or higher Action 6: Government adopted debt management plan to reduce NEGU's debt-stock and remove bottlenecks responsible for the debt-flow. Base year: 2019 Base value: 0.93-1.03 Target value: 1 or higher Action 6: Government adopted debt management plan to reduce NEGU's debt-stock and remove bottlenecks responsible for the debt-flow. Base year: 2019 Base value: 0.93-1.03 Target value: 1 or higher Action 6: Government adopted debt management plan to reduce NEGU's debt-stock and remove bottlenecks responsible for the debt-flow. Base year: 2019 Base value: 0.93-1.03 Target value: 1 or higher Action 1: Government established and operationalized an autonomous tariff commission under the Cabinet of Ministers to set and enforce cost recovery tariffs. Target value: 99

Policy 2: Sector financial sustainability improved Outcome 2: Revenue collection rates improved to 99.0% by 2025. (2019 baseline: 95.0%) Action 1: Government established and operationalized an autonomous tariff commission under the Cabinet of Ministers to set and enforce cost recovery tariffs. Target value: 99 Action 1: Government established and operationalized an autonomous tariff commission under the Cabinet of Ministers to set and enforce cost recovery tariffs. Target value: 99 Action 1: Government established and operationalized an autonomous tariff commission under the Cabinet of Ministers to set and enforce cost recovery tariffs. Target value: 99 Action 1: Government established and operationalized an autonomous tariff commission under the Cabinet of Ministers to set and enforce cost recovery tariffs. Target value: 99 Action 1: Government established and operationalized an autonomous tariff commission under the Cabinet of Ministers to set and enforce cost recovery tariffs. Target value: 99 Action 2: Government implemented a single-buyer market structure for power sector mandating JSC NEGU to be the single buyer and an action plan to roll out country-wide advance electricity metering system. Target value: 99 Action 2: Government implemented a single-buyer market structure for power sector mandating JSC NEGU to be the single buyer and an action plan to roll out country-wide advance electricity metering system. Target value: 99 Action 2: Government implemented a single-buyer market structure for power sector mandating JSC NEGU to be the single buyer and an action plan to roll out country-wide advance electricity metering system. Target value: 99 Action 2: Government implemented a single-buyer market structure for power sector mandating JSC NEGU to be the single buyer and an action plan to roll out country-wide advance electricity metering system. Target value: 99 Action 2: Government implemented a single-buyer market structure for power sector mandating JSC NEGU to be the single buyer and an action plan to roll out country-wide advance electricity metering system. Target value: 99 Action 2: Government implemented a single-buyer market structure for power sector mandating JSC NEGU to be the single buyer and an action plan to roll out country-wide advance electricity metering system. Target value: 99 Action 3: Government has approved the use of the following structures for selected energy projects in order to encourage private investments: (i) credit enhancement mechanism to mitigate off-taker risks as interim measure to build market confidence; (ii) seeking private investments in renewable generation using model PPP structure; and (iii) has approved a grid interconnection code for non-discriminative access to the grid. Target value: 99 Action 3: Government has approved the use of the following structures for selected energy projects in order to encourage private investments: (i) credit enhancement mechanism to mitigate off-taker risks as interim measure to build market confidence; (ii) seeking private investments in renewable generation using model PPP structure; and (iii) has approved a grid interconnection code for non-discriminative access to the grid. Target value: 99 Action 3: Government has approved the use of the following structures for selected energy projects in order to encourage private investments: (i) credit enhancement mechanism to mitigate off-taker risks as interim measure to build market confidence; (ii) seeking private investments in renewable generation using model PPP structure; and (iii) has approved a grid interconnection code for non-discriminative access to the grid. Target value: 99 Action 3: Government has approved the use of the following structures for selected energy projects in order to encourage private investments: (i) credit enhancement mechanism to mitigate off-taker risks as interim measure to build market confidence; (ii) seeking private investments in renewable generation using model PPP structure; and (iii) has approved a grid interconnection code for non-discriminative access to the grid. Target value: 99 Action 3: Government has approved the use of the following structures for selected energy projects in order to encourage private investments: (i) credit enhancement mechanism to mitigate off-taker risks as interim measure to build market confidence; (ii) seeking private investments in renewable generation using model PPP structure; and (iii) has approved a grid interconnection code for non-discriminative access to the grid. Target value: 99 Action 3: Government has approved the use of the following structures for selected energy projects in order to encourage private investments: (i) credit enhancement mechanism to mitigate off-taker risks as interim measure to build market confidence; (ii) seeking private investments in renewable generation using model PPP structure; and (iii) has approved a grid interconnection code for non-discriminative access to the grid. Target value: 99 Action 4: MOE approved a gender sector policy for the power sector PPP projects to promote gender equality with a view to reaching a 5% target of total female employment. Target value: 99 Action 4: MOE approved a gender sector policy for the power sector PPP projects to promote gender equality with a view to reaching a 5% target of total female employment. Target value: 99 Action 4: MOE approved a gender sector policy for the power sector PPP projects to promote gender equality with a view to reaching a 5% target of total female employment. Target value: 99 Action 4: MOE approved a gender sector policy for the power sector PPP projects to promote gender equality with a view to reaching a 5% target of total female employment. Target value: 99 Action 4: MOE approved a gender sector policy for the power sector PPP projects to promote gender equality with a view to reaching a 5% target of total female employment. Target value: 99 Action 4: MOE approved a gender sector policy for the power sector PPP projects to promote gender equality with a view to reaching a 5% target of total female employment. Target value: 99 Action 1: The government established an independent energy market regulator governing the sector with key functions of developing market rules and regulations, tariff determination, licensing, and market development. Target value: 99 Action 1: The government established an independent energy market regulator governing the sector with key functions of developing market rules and regulations, tariff determination, licensing, and market development. Target value: 99 Action 1: The government established an independent energy market regulator governing the sector with key functions of developing market rules and regulations, tariff determination, licensing, and market development. Target value: 99 Action 1: The government established an independent energy market regulator governing the sector with key functions of developing market rules and regulations, tariff determination, licensing, and market development. Target value: 99 Action 1: The government established an independent energy market regulator governing the sector with key functions of developing market rules and regulations, tariff determination, licensing, and market development. Target value: 99 Action 1: The government established an independent energy market regulator governing the sector with key functions of developing market rules and regulations, tariff determination, licensing, and market development. Target value: 99 Action 2: Government adopted a new tariff methodology including social protection measures for the vulnerable. Target value: 99 Action 2: Government adopted a new tariff methodology including social protection measures for the vulnerable. Target value: 99 Action 2: Government adopted a new tariff methodology including social protection measures for the vulnerable. Target value: 99 Action 2: Government adopted a new tariff methodology including social protection measures for the vulnerable. Target value: 99 Action 2: Government adopted a new tariff methodology including social protection measures for the vulnerable. Target value: 99 Action 2: Government adopted a new tariff methodology including social protection measures for the vulnerable. Target value: 99 Action 3: Government decoupled the functions of single buyer from JSC NEGU and transferred it to newly established guaranteed buyer (JSC Uzenergosotish) as central buyer, off taker and seller of electricity. Target value: 99 Action 3: Government decoupled the functions of single buyer from JSC NEGU and transferred it to newly established guaranteed buyer (JSC Uzenergosotish) as central buyer, off taker and seller of electricity. Target value: 99 Action 3: Government decoupled the functions of single buyer from JSC NEGU and transferred it to newly established guaranteed buyer (JSC Uzenergosotish) as central buyer, off taker and seller of electricity. Target value: 99 Action 3: Government decoupled the functions of single buyer from JSC NEGU and transferred it to newly established guaranteed buyer (JSC Uzenergosotish) as central buyer, off taker and seller of electricity. Target value: 99 Action 3: Government decoupled the functions of single buyer from JSC NEGU and transferred it to newly established guaranteed buyer (JSC Uzenergosotish) as central buyer, off taker and seller of electricity. Target value: 99 Action 3: Government decoupled the functions of single buyer from JSC NEGU and transferred it to newly established guaranteed buyer (JSC Uzenergosotish) as central buyer, off taker and seller of electricity. Target value: 99 Action 4: Government decoupled the function of retail business from REPN and transferred it to the newly created subsidiary (LLC Energosavdo) with plans to later privatize the distribution network functions of regional distribution companies. Target value: 99 Action 4: Government decoupled the function of retail business from REPN and transferred it to the newly created subsidiary (LLC Energosavdo) with plans to later privatize the distribution network functions of regional distribution companies. Target value: 99 Action 4: Government decoupled the function of retail business from REPN and transferred it to the newly created subsidiary (LLC Energosavdo) with plans to later privatize the distribution network functions of regional distribution companies. Target value: 99 Action 4: Government decoupled the function of retail business from REPN and transferred it to the newly created subsidiary (LLC Energosavdo) with plans to later privatize the distribution network functions of regional distribution companies. Target value: 99 Action 4: Government decoupled the function of retail business from REPN and transferred it to the newly created subsidiary (LLC Energosavdo) with plans to later privatize the distribution network functions of regional distribution companies. Target value: 99 Action 4: Government decoupled the function of retail business from REPN and transferred it to the newly created subsidiary (LLC Energosavdo) with plans to later privatize the distribution network functions of regional distribution companies. Target value: 99 Action 5: Government adopted the transmission grid code, serving as the framework for grid usage, system services, grid expansion, general grid operation and network efficiency. Target value: 99 Action 5: Government adopted the transmission grid code, serving as the framework for grid usage, system services, grid expansion, general grid operation and network efficiency. Target value: 99 Action 5: Government adopted the transmission grid code, serving as the framework for grid usage, system services, grid expansion, general grid operation and network efficiency. Target value: 99 Action 5: Government adopted the transmission grid code, serving as the framework for grid usage, system services, grid expansion, general grid operation and network efficiency. Target value: 99 Action 5: Government adopted the transmission grid code, serving as the framework for grid usage, system services, grid expansion, general grid operation and network efficiency. Target value: 99 Action 5: Government adopted the transmission grid code, serving as the framework for grid usage, system services, grid expansion, general grid operation and network efficiency. Target value: 99 Action 6: Government adopted debt management plan to reduce NEGU's debt-stock and remove bottlenecks responsible for the debt-flow. Target value: 99 Action 6: Government adopted debt management plan to reduce NEGU's debt-stock and remove bottlenecks responsible for the debt-flow. Target value: 99 Action 6: Government adopted debt management plan to reduce NEGU's debt-stock and remove bottlenecks responsible for the debt-flow. Target value: 99 Action 6: Government adopted debt management plan to reduce NEGU's debt-stock and remove bottlenecks responsible for the debt-flow. Target value: 99 Action 6: Government adopted debt management plan to reduce NEGU's debt-stock and remove bottlenecks responsible for the debt-flow. Target value: 99 Action 6: Government adopted debt management plan to reduce NEGU's debt-stock and remove bottlenecks responsible for the debt-flow. Target value: 99 Action 1: Government adopted an implementation plan to strengthen NDC ambition to reduce carbon intensity of the economy by 10% of the 2010 level by 2030 by cascading the objective to the power sector and adding climate adaptation dimension to energy strategy. Target value: 15

Policy 3: Power sector carbon intensity reduced Outcome 1: Share of renewable energy sources, excluding hydropower, in electricity generation mix of Uzbekistan increased to 15% by 2025 (2020 baseline 1%). Action 1: Government adopted an implementation plan to strengthen NDC ambition to reduce carbon intensity of the economy by 10% of the 2010 level by 2030 by cascading the objective to the power sector and adding climate adaptation dimension to energy strategy. Target value: 15 Action 1: Government adopted an implementation plan to strengthen NDC ambition to reduce carbon intensity of the economy by 10% of the 2010 level by 2030 by cascading the objective to the power sector and adding climate adaptation dimension to energy strategy. Target value: 15 Action 1: Government adopted an implementation plan to strengthen NDC ambition to reduce carbon intensity of the economy by 10% of the 2010 level by 2030 by cascading the objective to the power sector and adding climate adaptation dimension to energy strategy. Target value: 15 Action 2: Government approved a policy to reduce carbon intensity of electricity generation covering the following: (i) national renewable energy target to add 5GW solar and 3GW wind by 2030 (renewable shares: 15% of total generation); (ii) retirement of old and inefficient fossil-fuel power plants of 5.9GW by 2030; (iii) increase hydro power imports from neighboring countries during summer months. Target value: 15 Action 2: Government approved a policy to reduce carbon intensity of electricity generation covering the following: (i) national renewable energy target to add 5GW solar and 3GW wind by 2030 (renewable shares: 15% of total generation); (ii) retirement of old and inefficient fossil-fuel power plants of 5.9GW by 2030; (iii) increase hydro power imports from neighboring countries during summer months. Target value: 15 Action 2: Government approved a policy to reduce carbon intensity of electricity generation covering the following: (i) national renewable energy target to add 5GW solar and 3GW wind by 2030 (renewable shares: 15% of total generation); (ii) retirement of old and inefficient fossil-fuel power plants of 5.9GW by 2030; (iii) increase hydro power imports from neighboring countries during summer months. Target value: 15 Action 2: Government approved a policy to reduce carbon intensity of electricity generation covering the following: (i) national renewable energy target to add 5GW solar and 3GW wind by 2030 (renewable shares: 15% of total generation); (ii) retirement of old and inefficient fossil-fuel power plants of 5.9GW by 2030; (iii) increase hydro power imports from neighboring countries during summer months. Target value: 15 Action 3: Government approved a program to reduce carbon intensity in the transmission and distribution subsector covering the following: (i) launch of grid expansion and loss reduction plan study in support of renewables; (ii) digitalization and introduction of nation-wide SCADA system; (iii) program for distributed household or small community based renewable system closer to consumers; and (iv) distribution network modernization and loss reduction program. Target value: 15 Action 3: Government approved a program to reduce carbon intensity in the transmission and distribution subsector covering the following: (i) launch of grid expansion and loss reduction plan study in support of renewables; (ii) digitalization and introduction of nation-wide SCADA system; (iii) program for distributed household or small community based renewable system closer to consumers; and (iv) distribution network modernization and loss reduction program. Target value: 15 Action 3: Government approved a program to reduce carbon intensity in the transmission and distribution subsector covering the following: (i) launch of grid expansion and loss reduction plan study in support of renewables; (ii) digitalization and introduction of nation-wide SCADA system; (iii) program for distributed household or small community based renewable system closer to consumers; and (iv) distribution network modernization and loss reduction program. Target value: 15 Action 3: Government approved a program to reduce carbon intensity in the transmission and distribution subsector covering the following: (i) launch of grid expansion and loss reduction plan study in support of renewables; (ii) digitalization and introduction of nation-wide SCADA system; (iii) program for distributed household or small community based renewable system closer to consumers; and (iv) distribution network modernization and loss reduction program. Target value: 15 Action 1: Government adopted: (i) revised NDC and increased its commitment to reduce specific GHG emissions per unit of GDP from 10% to 35% below 2010 levels by 2030; and (ii) corporate climate change and environmental management policy for hydropower. Target value: 15 Action 1: Government adopted: (i) revised NDC and increased its commitment to reduce specific GHG emissions per unit of GDP from 10% to 35% below 2010 levels by 2030; and (ii) corporate climate change and environmental management policy for hydropower. Target value: 15 Action 1: Government adopted: (i) revised NDC and increased its commitment to reduce specific GHG emissions per unit of GDP from 10% to 35% below 2010 levels by 2030; and (ii) corporate climate change and environmental management policy for hydropower. Target value: 15 Action 1: Government adopted: (i) revised NDC and increased its commitment to reduce specific GHG emissions per unit of GDP from 10% to 35% below 2010 levels by 2030; and (ii) corporate climate change and environmental management policy for hydropower. Target value: 15 Action 2: To increase hydropower imports from neighboring country, NEGU signed a power purchase and sales agreement with Barqi Tojik, the power generation company of the government of Tajikistan. Target value: 15 Action 2: To increase hydropower imports from neighboring country, NEGU signed a power purchase and sales agreement with Barqi Tojik, the power generation company of the government of Tajikistan. Target value: 15 Action 2: To increase hydropower imports from neighboring country, NEGU signed a power purchase and sales agreement with Barqi Tojik, the power generation company of the government of Tajikistan. Target value: 15 Action 2: To increase hydropower imports from neighboring country, NEGU signed a power purchase and sales agreement with Barqi Tojik, the power generation company of the government of Tajikistan. Target value: 15 Action 3: Government approved energy sector master plan, including increase in the RE share, reduction of GHG emissions in line with its NDC commitments, and plan for modernization of its transmission and distribution network. Target value: 15 Action 3: Government approved energy sector master plan, including increase in the RE share, reduction of GHG emissions in line with its NDC commitments, and plan for modernization of its transmission and distribution network. Target value: 15 Action 3: Government approved energy sector master plan, including increase in the RE share, reduction of GHG emissions in line with its NDC commitments, and plan for modernization of its transmission and distribution network. Target value: 15 Action 3: Government approved energy sector master plan, including increase in the RE share, reduction of GHG emissions in line with its NDC commitments, and plan for modernization of its transmission and distribution network. Target value: 15 Action 4: Government submitted Law on limiting GHG emissions to parliament for approval, including the process for setting limits and standards for promoting emission reduction in energy and other sectors. Target value: 15 Action 4: Government submitted Law on limiting GHG emissions to parliament for approval, including the process for setting limits and standards for promoting emission reduction in energy and other sectors. Target value: 15 Action 4: Government submitted Law on limiting GHG emissions to parliament for approval, including the process for setting limits and standards for promoting emission reduction in energy and other sectors. Target value: 15 Action 4: Government submitted Law on limiting GHG emissions to parliament for approval, including the process for setting limits and standards for promoting emission reduction in energy and other sectors. Target value: 15 Action 5: Government adopted the amendment to the law on renewable energy use to promote green energy and provide necessary state support to renewable energy source usage. Target value: 15 Action 5: Government adopted the amendment to the law on renewable energy use to promote green energy and provide necessary state support to renewable energy source usage. Target value: 15 Action 5: Government adopted the amendment to the law on renewable energy use to promote green energy and provide necessary state support to renewable energy source usage. Target value: 15 Action 5: Government adopted the amendment to the law on renewable energy use to promote green energy and provide necessary state support to renewable energy source usage. Target value: 15 Action 1: Government approved an energy efficiency roadmap to reduce the energy demand across the economy covering the following: (i) improving regulatory standards for energy efficiency, (ii) energy balance data management, (iii) energy savings targets by 2022 for high energy consuming enterprises. Target value: 15

Policy 4: Demand Side Energy Efficiency Increased Outcome 1: Share of private sector participation in power generation in capacity terms increased to at least 15% by 2025 (2019 baseline: 0%). Action 1: Government approved an energy efficiency roadmap to reduce the energy demand across the economy covering the following: (i) improving regulatory standards for energy efficiency, (ii) energy balance data management, (iii) energy savings targets by 2022 for high energy consuming enterprises. Target value: 15 Action 1: Government approved an energy efficiency roadmap to reduce the energy demand across the economy covering the following: (i) improving regulatory standards for energy efficiency, (ii) energy balance data management, (iii) energy savings targets by 2022 for high energy consuming enterprises. Target value: 15 Action 1: Government approved an energy efficiency roadmap to reduce the energy demand across the economy covering the following: (i) improving regulatory standards for energy efficiency, (ii) energy balance data management, (iii) energy savings targets by 2022 for high energy consuming enterprises. Target value: 15 Action 2: To reduce power consumption for space heating in urban areas and to improve the efficiency of heat networks, the government approved an action plan for the improvement of energy efficiency in the heat supply system for Tashkent city, covering the following: (i) introduction of billing and advanced metering system for individual households; (ii) conducting energy audit on heat supply system; and (iii) exploring the suitability of the PPP modality. Target value: 15 Action 2: To reduce power consumption for space heating in urban areas and to improve the efficiency of heat networks, the government approved an action plan for the improvement of energy efficiency in the heat supply system for Tashkent city, covering the following: (i) introduction of billing and advanced metering system for individual households; (ii) conducting energy audit on heat supply system; and (iii) exploring the suitability of the PPP modality. Target value: 15 Action 2: To reduce power consumption for space heating in urban areas and to improve the efficiency of heat networks, the government approved an action plan for the improvement of energy efficiency in the heat supply system for Tashkent city, covering the following: (i) introduction of billing and advanced metering system for individual households; (ii) conducting energy audit on heat supply system; and (iii) exploring the suitability of the PPP modality. Target value: 15 Action 2: To reduce power consumption for space heating in urban areas and to improve the efficiency of heat networks, the government approved an action plan for the improvement of energy efficiency in the heat supply system for Tashkent city, covering the following: (i) introduction of billing and advanced metering system for individual households; (ii) conducting energy audit on heat supply system; and (iii) exploring the suitability of the PPP modality. Target value: 15 Action 1: Government passed Resolution on measures to improve the efficiency of energy resource use. Target value: 15 Action 1: Government passed Resolution on measures to improve the efficiency of energy resource use. Target value: 15 Action 1: Government passed Resolution on measures to improve the efficiency of energy resource use. Target value: 15 Action 1: Government passed Resolution on measures to improve the efficiency of energy resource use. Target value: 15

1.1. Government adopted the power sector development program for 2020-2030 developed by the Ministry of Energy as the new sector regulatory and policy-making entity which contains (i) long-term investment program to decarbonize the sector; (ii) diversification of energy resources; and (iii) time-bound plan for deregulation and competitive power market description of policy action.

2.10. Government adopted debt management plan to reduce NEGU's debt-stock and remove bottlenecks responsible for the debt-flow.

2.2. Government implemented a single-buyer market structure for power sector mandating JSC NEGU to be the single buyer and an action plan to roll out country-wide advance electricity metering system.

2.3. Government has approved the use of the following structures for selected energy projects in order to encourage private investments: (i) credit enhancement mechanism to mitigate off-taker risks as interim measure to build market confidence; (ii) seeking private investments in renewable generation using model PPP structure; and (iii) has approved a grid interconnection code for non-discriminative access to the grid.

2.4. MOE approved a gender sector policy for the power sector PPP projects to promote gender equality with a view to reaching a 5% target of total female employment.

2.5. The government established an independent energy market regulator governing the sector with key functions of developing market rules and regulations, tariff determination, licensing, and market development.

2.6. Government adopted a new tariff methodology including social protection measures for the vulnerable.

2.7. Government decoupled the functions of single buyer from JSC NEGU and transferred it to newly established guaranteed buyer (JSC Uzenergosotish) as central buyer, off taker and seller of electricity.

3.1. Government adopted an implementation plan to strengthen NDC ambition to reduce carbon intensity of the economy by 10% of the 2010 level by 2030 by cascading the objective to the power sector and adding climate adaptation dimension to energy strategy.

3.2. Government approved a policy to reduce carbon intensity of electricity generation covering the following: (i) national renewable energy target to add 5GW solar and 3GW wind by 2030 (renewable shares: 15% of total generation); (ii) retirement of old and inefficient fossil-fuel power plants of 5.9GW by 2030; (iii) increase hydro power imports from neighboring countries during summer months.

3.3. Government approved a program to reduce carbon intensity in the transmission and distribution subsector covering the following: (i) launch of grid expansion and loss reduction plan study in support of renewables; (ii) digitalization and introduction of nation-wide SCADA system; (iii) program for distributed household or small community based renewable system closer to consumers; and (iv) distribution network modernization and loss reduction program.

1.2. Government (i) approved a power sector reform implementation plan for 2019-2022, (ii) unbundled Uzbekenergo; and operationalized the newly created JSC TPP and 10 generation companies, JSC NEGU, and JSC REPN with accounting, functional and legal separation completed, and (iii) JSC TPP, JSC NEGU, and JSC REPN approved KPIs to establish separate operational targets for the unbundled entities.

3.4. Government adopted: (i) revised NDC and increased its commitment to reduce specific GHG emissions per unit of GDP from 10% to 35% below 2010 levels by 2030; and (ii) corporate climate change and environmental management policy for hydropower.

3.5. To increase hydropower imports from neighboring country, NEGU signed a power purchase and sales agreement with Barqi Tojik, the power generation company of the government of Tajikistan.

3.6. Government approved energy sector master plan, including increase in the RE share, reduction of GHG emissions in line with its NDC commitments, and plan for modernization of its transmission and distribution network.

3.7. Government submitted Law on limiting GHG emissions to parliament for approval, including the process for setting limits and standards for promoting emission reduction in energy and other sectors.

3.8. Government adopted the amendment to the law on renewable energy use to promote green energy and provide necessary state support to renewable energy source usage.

31 Jul 2024 | News Release: https://www.adb.org/news/adb-approves-programs-support-reforms-uzbekistan-energy-financial-markets

4.1. Government approved an energy efficiency roadmap to reduce the energy demand across the economy covering the following: (i) improving regulatory standards for energy efficiency, (ii) energy balance data management, (iii) energy savings targets by 2022 for high energy consuming enterprises.

4.2. To reduce power consumption for space heating in urban areas and to improve the efficiency of heat networks, the government approved an action plan for the improvement of energy efficiency in the heat supply system for Tashkent city, covering the following: (i) introduction of billing and advanced metering system for individual households; (ii) conducting energy audit on heat supply system; and (iii) exploring the suitability of the PPP modality.

4.3. Government passed Resolution on measures to improve the efficiency of energy resource use.

Loan 4473: 100% of contracts awarded and 100% disbursed as of 09 Feb 2025

1.3. To promote gender equality in the power sector, MOE adopted a policy for promoting gender equality, including gender responsive HR policies and women-friendly infrastructure at workplace.

1.4. Government approved the next stage of energy sector reform, including electricity sector market liberalization concept and a phased transition road map, to be implemented over 2023-2030, for opening of the electricity market and establishment of an independent market operator to promote competition and private sector participation in the sector.

1.5. Government submitted to the Parliament the new Electricity law based on the sector market liberalization concept to ensure transparent and non-discriminatory functioning of the sector and sector entities, and promote private investments and renewable energy penetration.

1.6. The newly created 9 JSC TPPs and 14 distribution subsidiary branches generated IFRS-based audit financial statements for full consolidation with JSC TPP and JSC REPN.

1.7. MOE approved Strategy for implementation and monitoring of the Energy Sector Gender Policy.

1.8. MOE to approve grievance redressal mechanism for gender-based violence prevention at workplace.

2.1. Government established and operationalized an autonomous tariff commission under the Cabinet of Ministers to set and enforce cost recovery tariffs.