Uzbekistan adjusts Uzatom budget for nuclear project needs
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Uzbekistan adjusts Uzatom budget for nuclear project needs

The Ministry of Economy and Finance of Uzbekistan plans to revise the budgetary estimates for 2026–2027 for the Atomic Energy Agency under the Cabinet of Ministers (Uzatom) and the Nuclear Power Plant Construction Directorate to ensure uninterrupted project funding.

This decision was announced on September 2, 2026, by Khurshed Mustafayev, Deputy Minister of Economy and Finance for Oil and Gas, following a presentation to President Shavkat Mirziyoyev on the progress of the nuclear facility construction. Mustafayev reported that the head of state instructed relevant agencies to continuously allocate funds without delays to avoid project timeline disruptions.

According to this directive, the Ministry of Economy and Finance must guarantee constant funding for both Uzatom and the NPP construction directorate within the annually approved estimates. Furthermore, this decision includes an increase in staff in both organizations. Estimated costs for 2026–2027 will be updated in parallel with the adjustment of staffing tables and timely compensation schedules.

In accordance with the state budget legislation, Uzatom received appropriations of 42.7 billion soms in 2025, which were entirely allocated to operational expenses. For 2026, the agency's budget allocations were increased to 46.4 billion soms, representing an increase of approximately 3.7 billion soms or 8.7 percent, and these funds are also intended exclusively for operational costs.

The integrated NPP is under construction in the Jizzakh region of Fergana region. The site configuration includes four power units: two large units with a capacity of 1 GW each using VVER-1000 reactors, and two small modular units with a capacity of 55 MW each using RITM-200N reactors. The total installed capacity will reach 2110 MW, and the expected annual electricity generation will be up to 17 billion kWh.

The technical launch of the first small modular reactor is planned for October–November 2029, and the second unit should begin operation six months later. The launch of the first large-scale power unit is projected for 2033, with the full completion of the project scheduled for 2034–2035.

The initial estimate for capital costs of the complex facility was up to 9.5 billion US dollars, with the main financing provided through credit lines, including a preferential export loan from Russia. On August 17, 2026, President Mirziyoyev also mentioned the preparation of a second potential NPP project in Uzbekistan, although details regarding location, capacity, and timelines remain unpublished.

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