• KGS/USD = 0.01144 0%
  • KZT/USD = 0.00215 0%
  • TJS/USD = 0.10640 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00215 0%
  • TJS/USD = 0.10640 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00215 0%
  • TJS/USD = 0.10640 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00215 0%
  • TJS/USD = 0.10640 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00215 0%
  • TJS/USD = 0.10640 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00215 0%
  • TJS/USD = 0.10640 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00215 0%
  • TJS/USD = 0.10640 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00215 0%
  • TJS/USD = 0.10640 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28530 0%

Viewing results 1 - 6 of 19

Kyrgyzstan Weighs Nuclear Power as Rosatom Talks Advance

Kyrgyzstan is still in talks with Russia’s state-owned nuclear power company Rosatom about building a nuclear power plant (NPP) in Kyrgyzstan. But on March 3, Kyrgyz Deputy Chairman of the Cabinet of Ministers, Daniyar Amangeldiyev, was already speaking about conducting a national referendum on the construction of a nuclear power plant. It is clear why Rosatom is anxious to build the NPP, but it is less clear why Kyrgyzstan needs it. Kyrgyzstan’s Road to Nuclear Power Rosatom is active in Central Asia, receiving the contract to build Kazakhstan’s first NPP in June 2025. Uzbekistan had already signed a contract with Rosatom in May 2024, and in late March 2026, the first concrete was poured for the NPP that Rosatom is constructing in Uzbekistan. At first glance, Central Asia might not seem like an ideal market for nuclear power. But after Russia’s full-scale invasion of Ukraine in February 2022, Finland canceled its contract for Rosatom to build the Hanhikivi-1 NPP, and while several  European countries are building or considering building NPPs, Hungary is the only country committed to partnering with Rosatom. With limited prospects for new contracts in Europe, Rosatom is likely to focus on securing additional deals in non-European markets to expand its already extensive portfolio. Kyrgyzstan’s Energy Ministry and Rosatom signed a Memorandum of Understanding for a small NPP in January 2022. The initial plan for Kyrgyzstan’s NPP was to build a small RITM-200N with a 55-megawatt (MW) capacity. In May 2025, Director General of Rosatom, Alexey Likhachev, said his company was offering Kyrgyzstan a modular NPP project that could generate anywhere from 110 MW to 440 MW using RITM-200N reactors, equivalent to two to eight units. In late March 2026, Likhachev said current talks with Kyrgyzstan were not only focused on the construction of a small NPP but also a medium-sized NPP. Kyrgyz Deputy Chairman of the Cabinet of Ministers Amangeldiyev said in June 2025 that Kyrgyz officials and Rosatom representatives were already looking at potential sites for the NPP. Reports about the planned NPP in Kyrgyzstan don’t mention the cost of construction, and it remains unclear how many and what size reactors will be installed. According to Uzbek officials, the six 55-MW units that Rosatom was initially contracted to build (the project has since changed) would have cost “less than $2 billion.” An Agreement or Not In March 2024, Kyrgyzstan’s Deputy Energy Minister Taalaybek Baygaziyev signed an agreement with Rosatom on the development and implementation of the NPP investment project. In September 2025, Altynbek Rysbekov was appointed Kyrgyzstan’s Deputy Energy Minister, and he said, “There is a possibility of building a (nuclear power) station, but no fundamental decision has been made yet.” However, Rysbekov’s further comments indicated he supported the idea of building an NPP in Kyrgyzstan, and he reconfirmed that the search for an appropriate site for the NPP continued. On April 3, 2026, Amangeldiyev said negotiations with Rosatom are continuing. “We are collaborating with Rosatom on infrastructure development and personnel training,” Amangeldiyev stated. “Only after...

Kyrgyzstan’s Power Consumption Rises Amid Declining Water Levels at Toktogul Reservoir

Electricity consumption in Kyrgyzstan continues to rise. In 2025, the country consumed 19.3 billion kWh, an increase of 900 million kWh compared to the previous year. Of this total, 15.4 billion kWh was generated domestically, while 3.9 billion kWh was imported from Turkmenistan, Uzbekistan, Kazakhstan, and Russia, officials reported at a government meeting on 14 January. Authorities also highlighted critically low water levels at the Toktogul Hydroelectric Power Plant, the country’s largest energy facility, which generates approximately 40% of its electricity. The Toktogul reservoir currently holds 9.102 billion cubic meters of water, a drop of 1.631 billion cubic meters compared to the same date in 2024. The reservoir is approaching the critical or “dead” level of 5.5 billion cubic meters, below which the plant would be unable to generate electricity. Officials at the meeting warned that continued low inflows could force a reduction in power generation and stressed the importance of adhering strictly to electricity consumption limits. Kyrgyzstan has long struggled with seasonal electricity shortages, particularly in winter, when many households rely on electric heating. Energy Minister Taalaibek Ibraev previously cautioned that the 2025–2026 winter season could be one of the most difficult in recent years due to the water shortfall at Toktogul. To address the electricity deficit, Kyrgyzstan is pressing ahead with both the construction of new hydropower projects and the modernization of existing facilities. In November 2025, the country completed a full modernization of Toktogul, located on the Naryn River. The upgrade increased the plant’s capacity from 1,200 MW to 1,440 MW. Kyrgyzstan is also moving forward with the construction of the Kambarata-1 hydropower plant, a strategic regional project being developed in partnership with Kazakhstan and Uzbekistan. Once completed, Kambarata-1 is expected to have a capacity of 1,860 MW and produce 5.6 billion kWh annually.

Uzbekistan, Kyrgyzstan Strengthen Energy Ties as Kambarata-1 Project Advances

Uzbekistan and Kyrgyzstan are deepening their energy partnership as progress continues on the Kambarata-1 Hydropower Plant (HPP), one of Central Asia’s most ambitious infrastructure projects. Uzbek President Shavkat Mirziyoyev met with Kyrgyz Energy Minister Taalaibek Ibrayev in Tashkent to discuss regional energy cooperation, according to Kyrgyz news agency 24.kg, citing the Kyrgyz Ministry of Energy. The talks focused on strengthening strategic ties between the two countries, with particular emphasis on hydropower development. Both sides acknowledged the growing momentum in bilateral relations and reaffirmed their commitment to joint regional energy initiatives. Mirziyoyev underscored the importance of collaborative water and energy projects, identifying Kambarata-1 as a top priority for all three participating countries, Uzbekistan, Kyrgyzstan, and Kazakhstan. “For the effective use and joint management of the region’s hydropower potential, next year we will begin financing the construction of the Kambarata-1 Hydropower Plant together with Kyrgyzstan and Kazakhstan,” Mirziyoyev said, as quoted by the Kyrgyz Ministry of Energy. He also expressed gratitude to Ibrayev and representatives from major energy companies in the United Arab Emirates, Turkey, and Azerbaijan for supporting Uzbekistan’s efforts to attract investment and adopt advanced energy technologies. The Kambarata-1 project is a trilateral initiative involving Kyrgyzstan, Uzbekistan, and Kazakhstan. With a projected cost of $4.2 billion, the venture has already secured $5.6 billion in committed financing from international financial institutions, according to Uzbek Energy Minister Jorabek Mirzamahmudov. Mirzamahmudov noted that the most recent trilateral ministerial meeting took place in Brussels in late September, coordinated by the World Bank. The event brought together representatives from 10 major financial institutions, including the European Bank for Reconstruction and Development, the European Investment Bank, the OPEC Fund, the Asian Infrastructure Investment Bank, and the Asian Development Bank. Despite strong financial and political backing, the project faces unresolved technical concerns. At a recent parliamentary session in Bishkek, Kanatbek Abdrakhmatov, president of Kyrgyzstan’s National Academy of Sciences, warned that seismic microzonation, a critical safety assessment, has not yet been conducted at the planned construction site. Kambarata-1 is expected to have an installed capacity of 1,860 MW, a reservoir volume of 4.5 billion cubic meters, and a dam height of 256 meters. The facility will house four turbines capable of producing over 5.5 billion kWh of electricity annually. Under the current ownership structure, Kyrgyzstan will hold a 34% stake in the project, while Uzbekistan and Kazakhstan will each hold 33%.

Kazakhstan, Kyrgyzstan, and Uzbekistan Sign Trilateral Deal on Water and Energy Cooperation

Kazakhstan, Kyrgyzstan, and Uzbekistan have signed a trilateral protocol on water and energy cooperation, covering the upcoming winter heating period and the 2026 agricultural season. The agreement was formalized at a meeting of the countries’ energy and water ministers held in Almaty on November 22. With water levels at Kyrgyzstan’s Toktogul Hydropower Plant (HPP) reservoir critically low, Kazakhstan and Uzbekistan have agreed to supply electricity to Kyrgyzstan during the winter months. This will allow Kyrgyzstan to reduce electricity generation during peak heating demand and conserve water in the Toktogul Reservoir. The stored water will later be released downstream to Kazakhstan and Uzbekistan during the 2026 growing season to ensure consistent irrigation for farmland in their southern regions. The Toktogul HPP, located on the Naryn River, a key tributary of the Syr Darya, is Kyrgyzstan’s largest power station, supplying about 40% of the country’s electricity. It plays a dual role: meeting domestic energy needs and regulating water flows critical to downstream agricultural systems. In winter, Kyrgyzstan typically ramps up power output to meet heating demand, often at the expense of reservoir levels, which can compromise irrigation capacity the following spring. Under the new protocol, Uzbekistan has also pledged to support regional electricity balancing and ensure transit capacity. Earlier, the three countries agreed to facilitate cross-border electricity flows, including Russian electricity transiting to Kyrgyzstan via Kazakhstan, and Turkmen electricity reaching Kyrgyzstan through Uzbekistan’s transmission grid. Participants in the Almaty meeting emphasized that the trilateral agreement reflects a spirit of good neighborliness and is aimed at enhancing regional energy security and stability. The agreement is particularly critical for Kyrgyzstan, which faces persistent electricity shortages, especially during the winter when electric heating is widely used. On November 18, Kyrgyzstan completed the full modernization of the Toktogul HPP, with the commissioning of its fourth generating unit. The upgrade raised the facility’s total capacity from 1,200 MW to 1,440 MW. In parallel, Kyrgyzstan is advancing construction of the Kambarata-1 HPP, a major regional project being developed jointly with Kazakhstan and Uzbekistan. Once completed, Kambarata-1 will have a generation capacity of 1,860 MW and produce 5.6 billion kWh annually.

Kyrgyzstan Completes Modernization of Toktogul Hydropower Plant

Kyrgyzstan has completed the full modernization of its largest energy facility, the Toktogul Hydropower Plant (HPP), located on the Naryn River. The upgrade was finalized with the commissioning of the plant’s fourth generating unit on November 18, raising its total capacity from 1,200 MW to 1,440 MW, according to Energy Minister Taalaibek Ibraev. The plant’s first three units were modernized between 2021 and 2024, each increasing in capacity from 300 MW to 360 MW. The fourth and final unit, upgraded between March and November 2025, has now reached the same capacity. Progress at Uch-Kurgan and Kambarata Projects On the same day, the Ministry of Energy launched the second upgraded unit at the Uch-Kurgan HPP, which added 9 MW in capacity. The first unit, previously replaced, also contributed an additional 9 MW. Modernization of the remaining two units is scheduled for 2026. Upon completion, Uch-Kurgan’s total capacity will increase by 36 MW. Kyrgyzstan is also advancing construction of the Kambarata-1 HPP, a strategic regional project being developed in partnership with Kazakhstan and Uzbekistan. Once operational, Kambarata-1 will have a capacity of 1,860 MW and generate 5.6 billion kWh annually. Energy Challenges Ahead Despite the modernization progress, Ibraev has warned of a challenging winter ahead due to critically low water levels in the Toktogul Reservoir. Electricity consumption in 2024 reached 18.3 billion kWh, an increase of 1.1 billion kWh over 2023, forcing Kyrgyzstan to import 3.6 billion kWh from Kazakhstan, Turkmenistan, Uzbekistan, and Russia to cover winter demand.

Kyrgyzstan, Uzbekistan, Kazakhstan Move Forward with $4.2 Billion Kambarata-1 Hydropower Project

The Kambarata-1 Hydropower Plant (HPP), a landmark energy project jointly developed by Kyrgyzstan, Uzbekistan, and Kazakhstan, is gaining international momentum, with strong backing from global financial institutions. Uzbek Minister of Energy Jorabek Mirzamahmudov announced that the plant’s projected construction cost stands at $4.2 billion, while pledged financing has already reached $5.6 billion. In an interview with Uzbekistan 24 TV, Mirzamahmudov said the most recent trilateral ministerial dialogue was held in Brussels in late September, under the auspices of the World Bank. It marked the third high-level discussion between the participating states and brought together representatives from 10 major financial institutions, including the European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), the OPEC Fund, the Asian Infrastructure Investment Bank (AIIB), the Asian Development Bank (ADB), and several Italian financial entities. The project has been widely recognized as a model for regional cooperation. According to Mirzamahmudov, multiple international lenders have expressed readiness to support Kambarata-1 even before the technical documentation is finalized. “In the past, such projects couldn’t even be discussed, they were off the table. Now they are being supported at the highest level,” he said. “They see this as a regional cooperation project and believe in its long-term economic potential.” Governance and Sustainability Standards Implementation of the project will be managed through an intergovernmental agreement, a joint operator, and a new project-specific venture. The minister emphasized that construction will adhere to international best practices in environmental protection, safety, and financial transparency, while taking into account the national interests of all three countries. Mirzamahmudov described the project as both an energy and environmental milestone. Kambarata-1 will utilize renewable hydropower from the Naryn River and improve transboundary water management across the region. Unlike many large-scale dam projects, the design of Kambarata-1 minimizes environmental and social disruption and does not require resettlement of communities. It is also expected to support regional agriculture by enabling controlled water releases during the summer growing season. Ownership and Output Under the proposed ownership structure, Kyrgyzstan will hold a 34% stake in the project, with Uzbekistan and Kazakhstan each holding 33%. Electricity will be distributed proportionally, though countries will have flexibility to purchase additional power based on demand and market conditions. “Since this is a commercial project, countries will have the flexibility to buy more or less electricity depending on consumption levels,” the minister explained. To be constructed on the upper reaches of the Naryn River in Kyrgyzstan, Kambarata-1 will have a planned capacity of 1,860 megawatts, a dam height of 256 meters, and a reservoir volume of 5.4 billion cubic meters. Upon completion, it is expected to generate an average of 5.6 billion kilowatt-hours annually, making it Kyrgyzstan’s largest hydropower facility and a cornerstone in addressing Central Asia’s energy deficit.