Public-private partnership as a mechanism for developing renewable energy infrastructure: an analysis of Uzbekistan’s ppp portfolio

Mustafaev Quvonchbek Mukhtorovich

Marketing · 2026-yil

Annotatsiya

The article examines the role of the public-private partnership (PPP) mechanism in developing renewable energy infrastructure in Uzbekistan. The study draws on the PPP register as of 30 June 2026, the 2022 input-output table for 136 sectors and the IMF 2026 country report. Sectoral concentration of the portfolio is assessed with the Herfindahl-Hirschman index (HHI) and concentration ratios, while inter-sectoral effects of infrastructure sectors are measured with Type I multipliers derived from the Leontief model. The results show that energy accounts for 91.2 per cent of PPP portfolio value but only 2.0 per cent of the number of projects; the HHI of 8,347 indicates extremely high concentration. Electricity distribution (1.773) and generation (1.547) have output multipliers above the national average (1.508). Using the Nur Navoi solar plant as a case, the effect of concessional finance on the tender tariff is demonstrated: at a 3 per cent discount rate the LCOE matches the tender tariff ($0.02679/kWh), whereas at a commercial rate (8 per cent) it is almost 1.5 times higher. Recommendations are substantiated on diversifying the PPP portfolio, capping fiscal risks and shaping a tariff policy that accounts for concessional finance.

Maqola ma’lumotlari
MualliflarMustafaev Quvonchbek Mukhtorovich
JurnalMarketing
NashriyotТошкент давлат иқтисодиёт университети
ISSN3060-4621
Nashr sanasi2026-09-25
Betlar44-54
TilIngliz
Ilmiy sohaIqtisodiyot
DOI10.67668/mj/2026issmaxsus/2064
Indeksga qo‘shilgan2026-10-18

DOI: 10.67668/mj/2026issmaxsus/2064 · Maqolaning asl sahifasi

Kalit so‘zlar

davlat-xususiy sheriklik, qayta tiklanuvchi energiya manbalari, infratuzilma investitsiyalari, xarajatlar - ishlab chiqarish jadvali, multiplikator, portfel konsentratsiyasi, LCOE, fiskal risk, государственно-частное партнёрство, возобновляемые источники энергии, инфраструктурные инвестиции, таблица «затраты - выпуск», мультипликатор, концентрация портфеля, LCOE, фискальный риск, public-private partnership, renewable energy sources, infrastructure investment, input-output table, multiplier, portfolio concentration, LCOE, fiscal risk

Ilmiy soha

Iqtisodiyot

Iqtibos keltirish

APAMustafaev Quvonchbek Mukhtorovich (2026). PUBLIC-PRIVATE PARTNERSHIP AS A MECHANISM FOR DEVELOPING RENEWABLE ENERGY INFRASTRUCTURE: AN ANALYSIS OF UZBEKISTAN’S PPP PORTFOLIO. Marketing, 44-54. https://doi.org/10.67668/mj/2026issmaxsus/2064
GOST (OAK)Mustafaev Quvonchbek Mukhtorovich PUBLIC-PRIVATE PARTNERSHIP AS A MECHANISM FOR DEVELOPING RENEWABLE ENERGY INFRASTRUCTURE: AN ANALYSIS OF UZBEKISTAN’S PPP PORTFOLIO // Marketing. – 2026. – P. 44-54. – DOI: 10.67668/mj/2026issmaxsus/2064.
MLAMustafaev Quvonchbek Mukhtorovich. “PUBLIC-PRIVATE PARTNERSHIP AS A MECHANISM FOR DEVELOPING RENEWABLE ENERGY INFRASTRUCTURE: AN ANALYSIS OF UZBEKISTAN’S PPP PORTFOLIO.” Marketing, 44-54, 2026. https://doi.org/10.67668/mj/2026issmaxsus/2064
ChicagoMustafaev Quvonchbek Mukhtorovich. “PUBLIC-PRIVATE PARTNERSHIP AS A MECHANISM FOR DEVELOPING RENEWABLE ENERGY INFRASTRUCTURE: AN ANALYSIS OF UZBEKISTAN’S PPP PORTFOLIO.” Marketing, 44-54 (2026). https://doi.org/10.67668/mj/2026issmaxsus/2064
HarvardMustafaev Quvonchbek Mukhtorovich (2026) ‘PUBLIC-PRIVATE PARTNERSHIP AS A MECHANISM FOR DEVELOPING RENEWABLE ENERGY INFRASTRUCTURE: AN ANALYSIS OF UZBEKISTAN’S PPP PORTFOLIO’, Marketing, 44-54. https://doi.org/10.67668/mj/2026issmaxsus/2064
BibTeX
@article{mustafaevquvonchbekmukhtorovich2026,
  title = {PUBLIC-PRIVATE PARTNERSHIP AS A MECHANISM FOR DEVELOPING RENEWABLE ENERGY INFRASTRUCTURE: AN ANALYSIS OF UZBEKISTAN’S PPP PORTFOLIO},
  author = {Mustafaev Quvonchbek Mukhtorovich},
  journal = {Marketing},
  year = {2026},
  pages = {44-54},
  doi = {10.67668/mj/2026issmaxsus/2064},
  url = {https://doi.org/10.67668/mj/2026issmaxsus/2064}
}

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