BHI Signs Agreement with Uzbek Energy Plant Company

On the 18th, BHI announced that it visited Uzbekistan as part of an economic delegation and signed a Memorandum of Understanding (MOU) for establishing a strategic partnership with the local industrial plant specialist company, IEC Energie LLC. Based on this agreement, the two companies plan to jointly develop and execute various power generation projects underway in the region and continue their cooperation.

IEC Energie specializes in constructing industrial plant facilities across diverse sectors, ranging from combined heat and power (CHP) plants to renewable energy fields such as solar and wind power. Leveraging its in-house design and engineering capabilities, the company provides all services on a turnkey basis. Notably, as the designated supplier of Rolls-Royce gas combustion engines in Uzbekistan, IEC Energie actively participates in the distributed power generation sector.

BHI plans to target Uzbekistan’s rapidly evolving power infrastructure market alongside IEC Energie by promoting high-performance and high-efficiency products such as Heat Recovery Steam Generators (HRSG). Additionally, the company expects that this local partnership will enable entry into the distributed power markets of neighboring CIS countries.

Once a major natural gas exporter, Uzbekistan is continuously pursuing modernization and expansion of related facilities due to surging electricity demand driven by economic growth and population increase.

The Uzbek government is actively reviewing and implementing the transition of aging liquefied natural gas (LNG) thermal power plants to combined cycle power plants, as well as the introduction of nuclear power plants and renewable energy sources, in response to the global acceleration of decarbonization efforts. Through these initiatives, Uzbekistan aims to secure a total power generation capacity of 29.3 GW by 2030.

A BHI representative stated, “We will closely cooperate with IEC Energie to participate in various modernization projects of aging power facilities underway in Uzbekistan. Using this agreement as a foothold, we will do our best to expand into other Central Asian markets surrounding Uzbekistan.”

This content was produced with the assistance of AI translation services.