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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
BISHKEK (TCA) — The government of Kyrgyzstan and Czech companies are preparing an agreement for construction of small hydro power plants (HPPs) in Kyrgyzstan, Kyrgyz Prime Minister Temir Sariyev said on March 16 during the meeting with a parliamentary delegation of the Czech Republic headed by the Speaker of the Czech Parliament Jan Hamacek. Continue reading
BISHKEK (TCA) — Small hydro power plants are among the most cost-effective and ecologically safe electricity generation sources and Kyrgyzstan should make a breakthrough in this sector, the country’s Prime Minister Temir Sariyev said on March 9 at the government meeting on small HPPs construction. Continue reading
BISHKEK (TCA) — There is still a need to create more favorable investment climate for the small hydropower development in Kyrgyzstan, Kyrgyz Parliament Member Zhyrgalbek Turuskulov said at the Second Meeting on “Challenges and ways of development of the Small Hydropower in the Kyrgyz Republic – II”. The event was organized late last month within the framework of the “Small Hydropower Development in Kyrgyzstan” project implemented by the United Nations Development Programme (UNDP) and funded by the Global Environment Facility. The key objective of the event was to define the main challenges and barriers hampering investment into the small hydropower in Kyrgyzstan, the UNDP in Kyrgyzstan reported on its website. Continue reading
