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TASHKENT (TCA) — Kazakhstan President Nursultan Nazarbayev visited Tashkent and held talks with Uzbekistan President Islam Karimov on April 15. The two leaders stated that water resources of trans-boundary rivers in Central Asia are a common heritage and good of the region’s nations and that stability and wellbeing of the entire region is largely dependent on their rational and fair use, the press service of the Uzbek President said. Continue reading
BISHKEK (TCA) — The Kyrgyzstan-United Arab Emirates economic forum on April 14 in Bishkek gathered representatives of governments and business communities of the two countries. Continue reading
BISHKEK (TCA) — China’s State Power Investment Corporation plans to build a cascade consisting of four hydro electric power plants on the Naryn river near Kazarman in Kyrgyzstan’s Jalal-Abad province, the Kyrgyz governmental press service said after the meeting of Kyrgyz Deputy Prime Minister Oleg Pankratov with the company’s representatives. Continue reading
BISHKEK (TCA) — The agreement to provide a US $100 million investment credit from the Eurasian Fund for Stabilization and Development (EFSD) for the rehabilitation of the Toktogul hydro power plant (Phase 2) has taken effect late in March. In the near future, the Kyrgyz Ministry of Economy will begin to prepare tender documents to arrange procurement for the project. Procurement will be effected using international bidding procedures, the press office of the Eurasian Development Bank (EDB) said. Continue reading
TASHKENT (TCA) — Uzbekistan’s state energy company Uzbekenergo plans to modernize the Shakhrikhan hydro power plants cascade (UFK-1 HPP) through funds from the World Bank Group, said the press service of Uzbekenergo. Continue reading
BISHKEK (TCA) — Kyrgyzstan's hydropower can provide 120 million people with electricity, but due to problems in the energy sector it is not able to provide even the country’s 6 million population, said Kyrgyz MP Omurbek Tekebayev. The problems are old including poor management, corruption, and technical and commercial losses. As a result, Kyrgyzstan has become dependent on the policies of neighboring countries, and the state cannot provide energy independence. Continue reading
