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Daryo (31 December 2024)

Uzbekistan, Kazakhstan, and Azerbaijan have signed a foundational agreement for the development of a "green energy corridor" to Europe, according to the press service of Uzbekistan’s Ministry of Energy.

The agreement, concluded on December 27 via video link, was signed by the operators of the three nations' main power grids: Azerbaijan's Azerenerji, Kazakhstan's KEGOC, and Uzbekistan's National Electric Grids. This development follows the November 13 agreement between the presidents of the three countries to expand electricity trade opportunities, particularly in line with initiatives such as the European Union's Green Deal.

As part of the project, a joint venture will be established in Baku, Azerbaijan. The Italian consulting company CESI has been tasked with developing the project’s feasibility study.

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