• KGS/USD = 0.01143 0%
  • KZT/USD = 0.00194 0%
  • TJS/USD = 0.09662 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 0%
  • KGS/USD = 0.01143 0%
  • KZT/USD = 0.00194 0%
  • TJS/USD = 0.09662 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 0%
  • KGS/USD = 0.01143 0%
  • KZT/USD = 0.00194 0%
  • TJS/USD = 0.09662 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 0%
  • KGS/USD = 0.01143 0%
  • KZT/USD = 0.00194 0%
  • TJS/USD = 0.09662 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 0%
  • KGS/USD = 0.01143 0%
  • KZT/USD = 0.00194 0%
  • TJS/USD = 0.09662 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 0%
  • KGS/USD = 0.01143 0%
  • KZT/USD = 0.00194 0%
  • TJS/USD = 0.09662 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 0%
  • KGS/USD = 0.01143 0%
  • KZT/USD = 0.00194 0%
  • TJS/USD = 0.09662 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 0%
  • KGS/USD = 0.01143 0%
  • KZT/USD = 0.00194 0%
  • TJS/USD = 0.09662 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 0%
11 May 2025

Viewing results 1 - 6 of 15

Turkish Company to Build Hydropower Plants in Kyrgyzstan and New Heat and Power Plant for Bishkek

Kyrgyzstan’s Ministry of Energy and Turkish open joint-stock company Orta Asya Investment Holding signed a protocol of intent on February 27 to construct the Kazarman cascade of hydroelectric power plants (HPP) on the Naryn River, with a total capacity of 912 MW. New Hydropower Projects According to the Ministry of Energy, the agreement includes preparations for an investment agreement and a feasibility study for the project. Orta Asya Investment Holding has expressed interest in constructing three hydropower plants in the cascade: Ala-Buga HPP - 600 MW Kara-Bulun-1 HPP - 149 MW Kara-Bulun-2 HPP = 163 MW Together, these HPPs will generate 3.746 billion kWh of electricity annually, significantly contributing to Kyrgyzstan’s growing energy demands. New Heat and Power Plant for Bishkek On the same day, the Ministry of Energy and Orta Asya Investment Holding discussed the construction of a 250 MW natural gas-fired combined heat and power plant (CHPP-2) in Bishkek. The project is estimated to take 2 - 4 years, with a budget of $443 million. Orta Asya Investment Holding has committed to investing approximately 3 billion KGS (about $34 million) in the project. The Ministry and the company have agreed to finalize a feasibility study for Bishkek CHPP-2 within three months and then begin implementation. Once completed, CHPP-2 will: Increase the country’s energy capacity. Ensure stable electricity and heat supply for residents and businesses. Improve Bishkek’s environmental situation by using natural gas, a cleaner energy source. CHPP-2 will be Bishkek’s second power plant, reducing reliance on the city’s aging Thermal Power Plant (TPP). Power Shortage in Bishkek Bishkek, home to over one million residents, currently relies on a single power plant for both electricity and heating. The Bishkek TPP produces approximately 13% of Kyrgyzstan’s total electricity output, with the remainder coming from hydropower plants. The TPP also provides heat and hot water to nearly two-thirds of the capital. However, the aging plant has suffered two major accidents in recent years: January 2018 - A breakdown left the city without heating for three days in freezing temperatures. February 2, 2024 - An explosion seriously injured three people and forced authorities to impose hot water and heating restrictions in some parts of the city. Following the 2024 accident, the government prohibited newly built high-rise residential buildings from connecting to the existing TPP heating system. Once completed, Bishkek CHPP-2 is expected to meet the city’s growing heating needs and reduce the risk of energy shortages.

ADB Considers $500 Million Support for Tajikistan’s Rogun Hydropower Plant

The Asian Development Bank (ADB) will continue supporting Tajikistan’s Rogun Hydropower Plant (HPP) project in 2025, the bank’s new country manager, Ko Sakamoto, announced on February 25. Speaking to reporters, Sakamoto emphasized that Rogun HPP is a top priority for the Tajik government, highlighting its significance for Tajikistan’s energy independence, regional stability and climate change mitigation. The ADB has been invited to join a consortium of financial institutions financing the project. Tajikistan has requested $500 million in assistance, and the bank is currently reviewing the proposal. “ADB will continue to support the project and share updates as negotiations progress,” Sakamoto said. In 2024, ADB provided $220 million in assistance to Tajikistan, funding six projects across agriculture, energy, health, public administration and transport. ADB plans to approve four new projects in 2025, including an initiative on digital agriculture aimed at boosting food security. The bank is developing a five-year strategy that will align with Tajikistan’s long-term development goals. It will support glacier protection efforts, as Tajikistan leads regional climate initiatives. An international glacier conservation conference is scheduled for May in Dushanbe. As Tajikistan works toward greater energy security, Rogun remains central to its economic and environmental strategy. ADB’s continued involvement signals strong international backing for the project, which has the potential to transform Tajikistan into a key regional energy exporter. If approved, the $500 million in funding would mark a significant step toward completing one of Central Asia’s most ambitious hydropower projects.

Kazakhstan to Help Build Small Hydropower Plants in Kyrgyzstan

The energy ministries of Kazakhstan and Kyrgyzstan have signed a roadmap for the construction of small hydropower plants (HPPs) in Kyrgyzstan. The agreement, signed on February 25 during a visit by the Chairman of Kyrgyzstan's Cabinet of Ministers, Adylbek Kasymaliyev, to Kazakhstan, aims to enhance energy cooperation between the two nations, and support Kyrgyzstan’s efforts to develop its hydropower potential. Kazakhstan’s Energy Minister, Almasadam Satkaliyev, emphasized Kazakhstan’s commitment to regional cooperation in the energy sector. “We consider this a guarantee of stability and prosperity for all of Central Asia. The signing of the roadmap with Kyrgyzstan is further proof of our commitment to this goal. We are ready to share our experience and resources to build an energy-independent future together," he said. In recent years, Kyrgyzstan has intensified its efforts to boost electricity generation and address chronic power shortages by modernizing existing and constructing new hydropower plants. One of the largest ongoing projects is Kambarata-1, a joint initiative involving Kyrgyzstan, Kazakhstan, and Uzbekistan. Kambarata-1, once completed, will be the largest hydropower plant in Kyrgyzstan. The project is expected to enhance regional cooperation in water and energy resource management. Discussions on the progress of Kambarata-1 are ongoing, involving Central Asian countries and the World Bank. The Kazakhstan-Kyrgyzstan hydropower cooperation marks another step toward strengthening Central Asia’s energy infrastructure. With Kazakhstan’s expertise and resources, Kyrgyzstan is expected to make significant progress in achieving energy security and sustainability.

Kyrgyzstan Advances Hydropower Modernization Efforts

Kyrgyzstan is moving forward with the modernization of two major hydroelectric power plants as part of its efforts to increase electricity generation and meet the country’s growing energy demands. According to the Ministry of Energy, on February 20, French company GE Hydro will begin reconstruction of hydroelectric generating unit No. 4 at the Toktogul Hydropower Plant (HPP) - the country’s largest power facility, located on the Naryn River. The plant currently generates approximately 40% of Kyrgyzstan’s electricity. Once completed, the upgrade will add 60 megawatts (MW) to the plant’s capacity. In November 2024, Toktogul HPP successfully launched a modernized unit No. 1, increasing its output by 60 MW. That unit’s reconstruction, which began in March 2024, followed earlier upgrades to units No. 2 and No. 3, which collectively added 120 MW to the facility’s capacity. Before modernization, Toktogul HPP had a total capacity of 1,200 MW, with each of its four units generating 300 MW. Upon completion of upgrades to all four units, Toktogul HPP’s total capacity will rise to 1,440 MW, and its operational lifespan will be extended by 25 to 30 years. Meanwhile, on March 1, 2025, China National Electric Engineering Company (CNEEC) will begin the modernization of unit No. 2 at the Uch-Kurgan HPP, increasing its capacity by 9 MW. Situated on the Naryn River, the Uch-Kurgan HPP plays a key role in Kyrgyzstan’s energy supply. Before its modernization, the plant had a total capacity of 180 MW, with four units generating 45 MW each. Since its commissioning in 1962, the plant had never undergone major upgrades until 2024, when unit No. 4 was reconstructed, boosting its output by 16 MW. The modernization of Toktogul unit No. 4 and Uch-Kurgan unit No. 2 is expected to be completed by December 2025. To ensure an uninterrupted power supply during the temporary shutdown of these units, the Ministry of Energy has held negotiations with neighboring countries regarding electricity imports. The government has also urged the population to use electricity sparingly while modernization work is underway. In addition to these upgrades, Kyrgyzstan is constructing the Kambarata-1 Hydropower Plant, which will have a projected capacity of 1,860 MW and an average annual generation of 5.6 billion kilowatt-hours. Once completed, Kambarata-1 will be the country’s largest hydropower facility and is expected to help eliminate Kyrgyzstan’s electricity shortages.

Fossil-Fuel Rich UAE Drives Central Asia’s Green Energy Transition

Central Asian nations, especially Kazakhstan and Uzbekistan, are seeking to develop closer ties with the oil-rich United Arab Emirates. What they need from the Gulf state is not fossil fuels, but renewable energy technology and investment in their green energy sectors. Despite being a significant oil-exporter, the UAE has managed in recent years to position itself as a regional leader in solar energy and photovoltaic solar projects. As a result, it now has global aspirations in the renewable energy industry. The Gulf country, through its semi-government-owned company, Masdar, has already invested billions of dollars in the construction of wind farms and solar plants all over the world – from the Bahamas and Barbados to Australia, as well as several African and European nations. Central Asia is no exception. In the region, the green energy giant is particularly active in Uzbekistan and Kazakhstan. It is, therefore, no surprise that, on January 14, two regional leaders, Shavkat Mirziyoyev and Kassym-Jomart Tokayev, were major guests at the Abu Dhabi Sustainability Week, a global platform focused on accelerating sustainability efforts. [caption id="attachment_27597" align="aligncenter" width="1280"] President Tokayev of Kazakhstan speaking at the Abu Dhabi Sustainability Week; image: TCA, Nikola Mikovic[/caption] Their visit to the UAE signals a strong push for a green energy transition at home. For Tashkent and Astana, cooperation with Abu Dhabi in the field of green energy can help them to achieve their ambitious goals and reduce reliance on fossil fuels, despite both being significant producers of natural gas and oil. “Together with our foreign partners, we are currently implementing more than 50 large energy projects worth a total of $26 billion,” Mirziyoyev stressed, pointing out that by 2030, the share of renewable energy sources in the country will reach 54%. [caption id="attachment_27593" align="aligncenter" width="2560"] President of Uzbekistan, Shavkat Mirziyoyev backstage at the Abu Dhabi Sustainability Week; image: TCA, Nikola Mikovic[/caption] In his view, Central Asia should turn into a “center of green economy.” The Director-General of the International Renewable Energy Agency (IRENA), Francesco La Camera, seems to share this stance. “Central Asia can play a stronger and leading role in the global energy transition. I’m confident this new partnership can accelerate the pipeline of renewable energy projects and drive green industrialization,” La Camera said at the 15th session of the IRENA Assembly, held in the UAE capital two days prior to the meetings Mirziyoyev and Tokayev had with the UAE’s leaders. According to the Uzbek President, Tashkent is interested in jointly realizing the potential of Central Asia in solar, wind, and hydro energy, as well as in developing the production of green hydrogen. Fully aware of the Central Asian state’s green energy potential, Masdar is committed to investing $2 billion in Tashkent’s clean energy projects with a total capacity of more than two gigawatts. In the most populated Central Asian nation, the UAE’s semi-state-owned company is already involved in the construction of both solar plants and wind farms. [caption id="attachment_27594" align="aligncenter" width="2560"] Abdulaziz Alobaidli, Masdar’s Chief Operating Officer, at the Abu...

AIIB Commits $500 Million to Tajikistan’s Rogun Hydropower Project

The Beijing-based Asian Infrastructure Investment Bank (AIIB) has approved a multiphase program totaling $500 million, including an initial Phase 1 loan of $270 million, to support Tajikistan’s flagship Rogun Hydropower Plant (HPP) project. The announcement was made on January 6, following the financing approval on December 19, 2024. The Rogun HPP, located on the Vakhsh River — a tributary of the Amu Darya River — lies 110 kilometers from Dushanbe, Tajikistan’s capital. With a designed generation capacity of 3,780 MW, a 335-meter-high dam, and a reservoir spanning 170 square kilometers, the Rogun HPP is expected to deliver improved electricity access to around 10 million people. It aims to address Tajikistan’s chronic winter power shortages and position the country as a key regional energy supplier. The project is co-financed with the World Bank, with potential contributions from a global consortium of donors. It seeks to enhance the supply of clean, affordable, and climate-resilient hydropower, with the potential to export electricity to neighboring Central Asian countries. As Central Asia’s energy demand is projected to grow by 40% by 2030 and triple by 2050, the Rogun HPP will play a pivotal role in increasing reliability and reducing the cost of electricity supply across the region. Konstantin Limitovskiy, AIIB Chief Investment Officer, commented on the significance of the project, stating: "This project will significantly contribute to the green energy transition and energy security of Central Asia. Investing in sustainable energy infrastructure is not merely about meeting today’s demands, but about empowering future generations with clean, reliable power that drives transformative growth, strengthens resilience, and unlocks the full potential of the region." Tajikistan ranks eighth globally in hydropower potential, yet only about 4% of this capacity is currently utilized. The Rogun HPP is set to play a critical role in decarbonizing electricity grids across Central Asia, supporting the region’s ambitious Nationally Determined Contributions (NDCs) under the Paris Agreement.