Construction of the Sharguncoal coal field began in 1939, and in 1958 the Sharguncoal field was put into operation. After the mine was put into operation, the Sharguncoal mine was created.
From 1958 to 2019, 8,467,0 thousand tons were produced. Ton of coal. The largest coal production in the history of the mine to date was achieved in 2019, when it amounted to 245.0 thousand tons.
Organizational measures for the transfer of JSC “Uzbekugol” and JSC “Sharguncoal” to JSC “Uzbekistan railways” and financial rehabilitation of coal industry enterprises. After the adoption of the Decree of the President of the Republic of Uzbekistan No. EO-3380 dated November 8, 2017, the real stages of development of JSC “Sharguncoal” began. This is evidenced by the growth of the main indicators from year to year.
In January-August 2020, 164.4 thousand tons of coal were produced. The growth rate compared to last year is 117.7%. Another 97.0 thousand tons of coal is planned to be produced by the end of the year, which is a 62-year record.
For the fuel surplus, the growth rate was 163.5 thousand tons, which is 113.0% more than in the same period last year. Another 100,000 tons of fuel is expected to be added by the end of the year.
Currently, the main consumers of the company are the enterprises of JSC “Uzbekenergo”, JSC “Angren TPP”, JSC “NewAngren TPP” and the Republican commodity exchange.
At the same time, in accordance with the order of the President of the Republic of Uzbekistan to increase the export potential of the Republic, JSC “Sharguncoal” carried out large-scale work on the export of coal, meeting the internal needs of the company.
As a result of negotiations, about 300 tons of ssss and TR coal produced by Shargunkumir JSC and LLC “Boisunkumir” were delivered directly from the Darband railway station (Surkhandarya region). Under the contract, it was sent to the Islamic Republic of Pakistan for initial testing at a price of $ 67.0 per ton.
In addition, negotiations are underway on the export of coal products to Pakistan, Afghanistan and the Islamic Republic of Iran in the future.
As of January-August 2020, the company’s total profit was 57,031. 0 million. Soums, which is 46,894. 0 million soums or 22% more compared to the same period last year.
It is expected that after paying all taxes and other payments to the budget, the company’s net profit for January-August 2020 will amount to 1744.0 million soums.
Work done
It is known that the President of the Republic of Uzbekistan issued a decree dated January 13, 2017 “On measures to implement the investment project to modernize Shargunkomir JSC and increase the design capacity to 900 thousand tons of coal per year.” According to this, construction and repair work was carried out at the enterprise. All workshops were reconstructed and new ones were built. Accordingly, the customer of this major investment project for the modernization of Shargunkumir JSC is China Railway Tunnel Group Co., Ltd. and China Coal Technology and Engineering Group. Mutual cooperation agreements have been signed with the companies. The total cost of the project was US$105.5 million. Of this, US$89.8 million was withdrawn directly from the Exim Bank of the People’s Republic of China account.
Using the allocated funds, it is planned to update the technical and technological base of the enterprise with the introduction of modern high-performance equipment, as well as create the opportunity to increase coal production volumes to 900 thousand tons per year. As a result, the cost of coal production will decrease significantly.
In January of this year, President Shavkat Mirziyoyev got acquainted with the presentation of projects aimed at expanding coal and uranium production, and drew special attention to the fact that the demand for energy resources is increasing with the growth of the country’s economy and population.
To meet this need, coal production has been expanded from all sources, and over the past five years this figure has increased from 4 million tons to 5 million 300 thousand tons per year.
It is estimated that our country has about 2 billion tons of coal reserves. The head of our state has set the task of effectively using this potential and consistently increasing coal production volumes.
According to the decrees of the President of the Republic of Uzbekistan dated November 17, 2014 No. PQ-2264 and the Cabinet of Ministers of the Republic of Uzbekistan dated June 6, 2013 No. 161 – 101.3 million US dollars (own funds – 11.8 million US dollars), China “Shargunkomir” by attracting investments in the amount of a loan from Eximbank – 89.5 million dollars) it was planned to implement a project to modernize the joint-stock company.
Based on this project, in December 2023, the modernization work carried out in the company was fully completed and put into operation. All workshops were reconstructed and new ones were built. Accordingly, the customer of this large investment project for the modernization of Shargunkumir JSC is China Railway Tunnel Group Co., Ltd. and China Coal Technology and Engineering Group. Mutual cooperation agreements were signed with the companies. The total cost of the project was 105.5 million US dollars. Of these, 89.8 million US dollars were withdrawn directly from the account of the Eximbank of the People’s Republic of China. At the expense of the allocated funds, it is planned to update the technical and technological base of the enterprise with the introduction of modern high-performance equipment, as well as create the opportunity to increase coal production volumes to 900 thousand tons per year. As a result, the cost of coal production will be significantly reduced.