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The club was founded in 2000. Oqtepa played until 2005 in Uzbekistan Second League in Tashkent league. In the same year club won Tashkent League and promoted to First League.In 2006 club made its debut in First League, finishing the season at 11th position. The 2014 season club played in First League, zone "East". The club finished the season at 4th position after Promotion round which club's best standing in First League ever. In 2014 Uzbekistan Cup Oqtepa reached quarter-final of tournament and lost to Pakhtakor by 2:12 in two leg competition, winning by the way NBU Osiyo, Mash'al Mubarek and Hotira-79 in Round of 16. It is the best club performance in Cup matches.