• KGS/USD = 0.01144 0%
  • KZT/USD = 0.00205 0%
  • TJS/USD = 0.10429 0.29%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00205 0%
  • TJS/USD = 0.10429 0.29%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00205 0%
  • TJS/USD = 0.10429 0.29%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00205 0%
  • TJS/USD = 0.10429 0.29%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00205 0%
  • TJS/USD = 0.10429 0.29%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00205 0%
  • TJS/USD = 0.10429 0.29%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00205 0%
  • TJS/USD = 0.10429 0.29%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00205 0%
  • TJS/USD = 0.10429 0.29%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%

Viewing results 1 - 6 of 61

Chinese Firm to Modernize Historic Hydropower Plant Near Bishkek

Kyrgyzstan’s state-owned Chakan HPP OJSC has signed a contract with China National Heavy Machinery Corporation (CHMC), which will serve as the general contractor for the modernization of the Lebedinovskaya hydroelectric power plant (HPP) on the outskirts of Bishkek. The project forms part of the Ministry of Energy’s broader program to upgrade and rehabilitate hydropower facilities in an effort to reduce the country’s chronic electricity shortages and strengthen energy security. The Lebedinovskaya HPP is the main station of the Alamedin HPP cascade, which comprises eight small hydropower plants located on the Western Big Chui Canal in the Chui region. According to the Ministry of Energy, the modernization will involve replacing key equipment, increasing generating capacity, and extending the plant’s operational lifespan. The project involves increasing the plant’s installed capacity from 7.6 megawatts (MW) to 10 MW and raising annual electricity generation from 37.2 million kilowatt-hours (kWh) to 53.5 million kWh. CHMC has already begun preparing the design and cost-estimate documentation. Lebedinovskaya HPP is one of the oldest operating hydropower plants in northern Kyrgyzstan. Construction began in May 1942, during World War II. Much of the main construction work was carried out during a harsh winter, when more than 7,000 women and children reportedly excavated frozen soil by hand, transported it across the ice, and stood in icy water to pump out up to 200 cubic meters of groundwater daily to protect the plant’s foundation. Construction was completed in one year and two weeks. In 1943, the city of Frunze, now Bishkek, began receiving electricity from the plant. The additional power enabled factories evacuated from western parts of the Soviet Union during the war to resume operations at their new location.

The Number of Small Hydropower Plants in Kyrgyzstan Has Doubled in Five Years

Over the past five years, the number of small hydropower plants (HPPs) in Kyrgyzstan has more than doubled. The expansion of small-scale hydropower has become a key priority of state energy policy aimed at reducing electricity shortages and strengthening national energy security. During this period, 27 small HPPs were commissioned across the country. As a result, 43 such plants are currently in operation. According to government plans, by the end of 2030, an additional 44 small hydropower facilities are expected to come online, effectively doubling the sector’s current capacity once again. The Ministry of Energy reports that in 2026 alone, 17 new small HPPs are scheduled for construction across all regions of the country, with a combined installed capacity of 1,113.4 megawatts (MW). Earlier, speaking before the country's parliament, the Jogorku Kenesh, Prime Minister Adylbek Kasymaliev stated that 19 additional small HPPs with a total capacity of 203.8 MW are planned for commissioning in 2027. “The electricity shortage is a temporary phenomenon. We are moving toward reducing the gap between electricity consumption and production,” he said. The projected capacity figures suggest a sharp increase in generation potential. However, the announced 1,113.4 MW capacity for 17 small HPPs in 2026 appears unusually high for facilities categorized as “small” and may require clarification, as small hydropower plants typically operate at significantly lower individual capacities. According to the Water Resources Service, Kyrgyzstan’s total hydropower potential is estimated at 174 billion kilowatt-hours (kWh), with an overall capacity of 19.8 million kilowatts (19.8 gigawatts). This indicates that a substantial share of the country’s river-based energy potential remains undeveloped, creating room for further expansion of small-scale hydropower infrastructure. Given Kyrgyzstan’s mountainous terrain and extensive river network, hydropower remains the backbone of its electricity generation system. The government views small HPPs as a faster and less capital-intensive complement to large hydropower stations, particularly in remote regions.

Kazakhstan Intends to Triple Its Hydropower Capacity by 2030

Kazakhstan plans to significantly expand its hydropower capacity over the next five years. By the end of 2030, the country intends to commission new hydropower plants with a combined capacity of approximately 660 MW, nearly tripling the sector’s current installed capacity, according to the Ministry of Energy. At present, 43 hydropower facilities operate in Kazakhstan with a total installed capacity of 313 MW. The implementation of agreements already concluded is expected to raise this figure to nearly 1 GW, substantially increasing the contribution of hydropower to the national energy mix. In 2025, an additional project was added to the portfolio: the 26 MW Korinskaya HPP-2 was commissioned in the Jetisu Region. By the end of the year, total electricity generation from renewable energy sources reached 8.621 billion kWh, of which 1.196 billion kWh was produced by small and medium-sized hydropower plants. Kazakhstan continues to rely on an auction mechanism to attract investment and enhance transparency in the renewable energy sector. In 2025, 500 MW of capacity designated specifically for hydropower projects was offered through competitive auctions. According to the Ministry of Energy, this approach helps reduce project costs and foster a stable investment environment. The highest concentration of renewable energy facilities, including hydropower plants, is located in the southern and southeastern regions, Zhambyl, Almaty, and Jetisu regions. These areas benefit from significant river potential and established infrastructure capable of supporting further generation growth. The ministry states that implementation of the planned projects will diversify Kazakhstan’s energy mix, supply remote areas with stable green electricity, reduce pressure on the main transmission grids, and enhance overall system reliability. As previously reported by The Times of Central Asia, renewable energy accounted for 7% of Kazakhstan’s national energy mix by the end of 2025.

Tajikistan Plans Over $1 Billion for Rogun Hydropower Project in 2026

The government of Tajikistan plans to allocate at least 10 billion TJS (more than $1 billion) to finance the Rogun hydropower project in 2026, Finance Minister Faiziddin Qahhorzoda said on February 13 at a press conference in Dushanbe. The statement was later released by the Ministry of Finance and reported by Asia-Plus. Qahhorzoda specified that 8.2 billion TJS has already been earmarked in the state budget for completion of the Rogun hydropower plant. He added that additional financing could be mobilized through development partners, as agreements have been signed and the required domestic procedures and partner conditions have been fulfilled. “Certain conditions had to be met by the government of Tajikistan to access these funds. All conditions have been completed, and financing under the first tranche of $350 million has begun,” the minister said, referring to grant funding from the World Bank. He added that negotiations for an additional $300 million from the institution have been concluded successfully, with the funds expected to become available by mid-year. The minister also stated that domestic procedures are being finalized to attract $150 million from the Islamic Development Bank, as well as $100 million each from the Saudi Fund for Development, the Kuwait Fund for Arab Economic Development, and the OPEC Fund for International Development. According to Qahhorzoda, the remaining step is the completion of tender procedures. In addition, all procedures have reportedly been completed to secure $500 million from the Asian Infrastructure Investment Bank, of which $270 million is expected to be disbursed in the first tranche. According to the Finance Ministry, approximately 11 billion TJS was allocated in 2025 for the completion of Rogun, including 2 billion TJS designated for servicing Eurobonds issued to support the project. Earlier, at the end of January, the Energy Ministry stated during a separate press conference that several financing agreements signed with international partners in 2024-2025 had already entered into force. Officials noted that activating these agreements required fulfilling a number of technical and procedural conditions. The Rogun hydropower plant, located 110 kilometers from Dushanbe on the Vakhsh River, is the largest energy project in Tajikistan. Construction began in 1976 but was suspended following the collapse of the Soviet Union. Work resumed after independence. Of the six planned generating units, each with a capacity of 600 MW, two are currently operational and had produced 9.9 billion kWh of electricity by the end of last year. In December 2025, President Emomali Rahmon announced that the third unit is scheduled to be commissioned in September 2027. Once all six units are operational, the plant’s total installed capacity will reach 3.78 GW, and its 335-meter dam is projected to become the tallest in the world. The total cost of construction has been estimated at $6.2 billion.

Water Shortages Cut Hydropower Output in Uzbekistan

Electricity generation at Uzbekistan’s hydropower plants has declined significantly due to water shortages, Energy Minister Jurabek Mirzamahmudov told lawmakers during a recent session of the Legislative Chamber of the country's parliament, the Oliy Majlis, according to reports in Uzbek media. Mirzamahmudov said water inflows to major hydropower facilities had fallen by 35%, directly impacting electricity production compared with last year. He was responding to a question from deputy Saydullo Azimov, who inquired about the ongoing decline in hydropower output. “The main reason for the drop in electricity generation at large hydropower plants compared to last year is the reduced water inflow,” Mirzamahmudov said. He added that while Uzbekistan has commissioned a number of small and micro hydropower stations, with capacities ranging from one to five megawatts, these facilities collectively produced only about 140 million kilowatt hours of electricity. This output, he noted, remains limited and cannot compensate for the shortfall at major plants. Mirzamahmudov reaffirmed the government's commitment to further developing the hydropower sector but acknowledged its heavy reliance on water availability. To reduce dependence on natural gas and enhance energy security, Uzbekistan is increasingly investing in alternative energy sources. “We are paying special attention to solar and wind power, as well as energy storage systems,” he said, noting that these options offer more consistent short-term performance. He also revealed plans to construct pumped-storage power plants, which store excess electricity for use during peak demand periods. However, he pointed out that building a large hydropower facility typically takes six to ten years, making green energy projects the most viable option for addressing immediate energy needs. In a related development, Uzbekistan and Tajikistan agreed in July to a new phase of electricity trade. Under the deal, power from Tajikistan’s Rogun Hydropower Plant will be exported to Uzbekistan at an initial rate of 3.4¢ per kilowatt hour. The agreement, which has a 20-year term with automatic extensions, builds on electricity exports that Tajikistan has supplied to Uzbekistan each summer since 2018.

Organization of Turkic States Discusses Key Eurasian Energy Projects

At the 5th meeting of ministers responsible for energy within the Organization of Turkic States (OTS), held on December 10 in Istanbul, OTS Secretary General Kubanychbek Omuraliev outlined major joint energy initiatives underway among member states. Founded in 2009, the OTS comprises Azerbaijan, Kazakhstan, Kyrgyzstan, Turkey, Uzbekistan, and Turkmenistan. Hungary and Northern Cyprus participate as observer states. Omuraliev touched upon the following projects: Major oil and gas routes such as the Baku-Tbilisi-Ceyhan (BTC) oil pipeline, Baku-Tbilisi-Erzurum (BTE) gas pipeline, South Caucasus Pipeline, Trans-Anatolian Natural Gas Pipeline (TANAP), Trans Adriatic Pipeline (TAP), and the Iğdır-Nakhchivan gas pipeline; A strategic partnership between Azerbaijan, Kazakhstan, and Uzbekistan to develop and transmit green energy; The Azerbaijan-Georgia-Turkey-Bulgaria Green Energy Corridor, which extends the Central Asia-Azerbaijan corridor and opens new avenues for energy exports to Europe; Construction of the Kambarata-1 Hydropower Plant in Kyrgyzstan, a project jointly developed with Kazakhstan and Uzbekistan; and A planned Black Sea submarine cable to transmit renewable energy. Omuraliev emphasized that enhanced intra-OTS cooperation bolsters both the economic potential of member states and regional energy security. Ministers at the meeting noted the significant fossil fuel and clean energy resources held by OTS members and observers, describing the region as a strategic energy bridge between Asia and Europe. They stressed that advancing practical cooperation is essential amid growing global energy demand and the accelerating energy transition. Participants agreed to move forward with joint projects under the OTS framework, including the establishment of a Regional Center for Technologies and Green Initiatives. As previously reported by The Times of Central Asia, on December 5, the Board of Governors of the Turkic Investment Fund announced in Bishkek that the fund will begin operations in the first quarter of 2026. The Turkic Investment Fund is the first dedicated financial institution jointly established by OTS member states. Headquartered in Istanbul, its mandate is to promote economic cooperation, boost intra-regional trade, and support sustainable development by financing major joint initiatives across the region.