Kyrgyzstan and IFC Sign Agreement on Two Solar Power Plant Projects

solar power

On 10 June, the Ministry of Energy and the Ministry of Economy and Commerce of the Kyrgyz Republic signed an agreement with the International Finance Corporation (IFC) on the implementation of two solar power plant projects in the country’s Batken and Talas regions.

According to the Ministry of Economy and Commerce, the agreement is a continuation of cooperation between the Kyrgyz government and IFC on the construction of solar power plants with a total capacity of up to 500 MW in Kyrgyzstan.

In the first phase of this collaboration, IFC helped the Kyrgyz Republic conduct a comprehensive analysis for a pilot project for a 100-150 MW solar power plant planned in the Kochkor district of Naryn region, and is currently helping to attract private investors in its implementation.

The second stage will include two solar plants, each with a capacity of 100-150 MW, in the Batken and Talas regions.

 

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Times of Central Asia