AGP Executive Report
Last update: 4 hours agoPower Sector: At CIET 2026, the Asian Development Bank discussed a second phase of 500-kilovolt grid upgrades and a national power development plan, with renewables, battery storage and plant modernization among potential investments. Turkmenistan is also weighing smart meters and data centers that could use surplus electricity. Industrial Projects: Daewoo E&C is building a $682 million fertilizer plant, while companies from nine countries signed 14 cooperation memorandums at CIET. Sumitomo also agreed to continue maintenance work at the Lebap power plant. Transport: Construction has begun on the 546-kilometer Ashgabat–Dashoguz highway, and a 43.6-kilometer section of the North–South corridor to the Kazakhstan border has opened.
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