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According to UzDaily.uz, the Turkish company Aksa Elektrik intends to invest approximately $1 billion in upgrading the electricity distribution system in the Samarkand region. This project will be implemented under a 30-year public-private partnership, as stated in the company's 2025 annual report.

In accordance with the conditions set by the Ministry of Energy of Uzbekistan, Aksa Elektrik is obliged to invest no less than $350 million within the first ten years of operation. The company obtained the rights to operate the Samarkand distribution network for 30 years after participating in an international tender. Work is scheduled to begin in 2026, and the network will serve approximately one million consumers in the region.

Previously, Aksa Elektrik signed a memorandum of understanding with Regional Electric Networks in 2024 and subsequently won a competitive tender in 2025. According to the agreement, at least 90 percent of the products used for the construction, reconstruction, and modernization of the network must come from local producers.

Energy Minister Sherzod Hodzhiyev announced that all current employees of the Samarkand Regional Electric Networks will be transferred to Aksa Elektrik. It is also planned to involve only 10–15 foreign specialists to work alongside local staff. The Turkish firm is also required to conduct professional training and familiarize local employees with new technologies.

This initiative marks the first instance of transferring electricity distribution systems to private management in Uzbekistan with mandatory investment requirements. Hodzhiyev previously stated that the government plans to apply this model in other regions based on the results achieved in Samarkand. Aksa Elektrik specialists have already begun initial work in the region, selecting 400 priority micro-projects—on average one per mahalla—which will be completed within two years following the assessment of the network's condition.

Ola Electric has announced a significant expansion of its energy storage system portfolio under the name 'Shakti'. These systems are designed to store energy during periods of surplus and subsequently use it when needed, whether for powering homes during outages or managing renewable energy at the grid level.

The unveiling of this expansion took place in observance of India's 80th Independence Day. Ola Shakti is built upon indigenous lithium-iron-phosphate (LFP) battery technology and the company's vertically integrated capabilities in cell and system manufacturing. The company stated that the Ola Shakti architecture covers three distinct markets.

Product Details

For household needs, the company offers Shakti Gen2. The Shakti Rack system has been developed for the commercial sector and infrastructure, while Mahashakti is provided for industrial and municipal requirements. Bhavish Aggarwal, Chairman and Managing Director of Ola Electric, noted that the application of their battery and cell technologies will extend far beyond electric mobility.

He added that Ola Shakti extends innovations across all levels, from a private home to the entire power grid, helping India wisely store and utilize clean energy. He emphasized that this is a natural next step, enabling the utilization of their Gigafactory, domestic LFP cells, and nationwide network to provide reliable and affordable energy storage without a significant increase in capital expenditure.

The Shakti Gen2 system serves as the entry point for residential premises, integrating backup power, smart energy management, and solar energy storage into a single unit. The 4.6 kWh model has a starting price of ₹99,999, and the 9.2 kWh model costs ₹1,74,999. Either can be reserved for ₹999, with deliveries scheduled for November 2026.

For businesses, there are Shakti AC Rack and Shakti DC Rack models, which bring the same storage architecture to commercial applications. The AC Rack combines the battery and inverter into one system, whereas the DC Rack connects directly to compatible DC infrastructure. Both these systems are modular and are expected to go on sale starting March 2027.

The flagship product, Mahashakti, elevates Ola Shakti to the level of industrial and grid-scale storage. The Mahashakti Rack is designed to meet large commercial and industrial loads, while the 6.26 MWh Mahashakti container is designed for utility-scale projects. The architecture allows scaling from a single container up to gigawatt-scale energy storage installations.

Ola Electric announced that more detailed technical specifications, pricing for commercial and utility products, detailed performance data, warranty terms, and partnership updates will be provided later.