New Energy Holding in Kyrgyzstan: a future success or a failure?

BISHKEK (TCA) — Electricity losses now amount to 1.5 billion soms (15 percent of the generated electricity) in Kyrgyzstan. The new National Energy Holding Company, which will bring together nine energy companies, aims to save about 200 million soms by optimizing the control and elimination of duplicating functions, head of the Holding, Aibek Kaliev said.

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Times of Central Asia

ADB lending reaches record high to meet rising regional demand for finance

BISHKEK (TCA) — The demand for finance for major infrastructure and development projects in Asia and the Pacific shows no sign of slowing as regional economies seek ways to address moderating economic growth, inequality, and significant environmental risks, says the Asian Development Bank (ADB)’s 2015 Annual Report (2015 AR), released on April 22.

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Times of Central Asia