BISHKEK, Kyrgyzstan, February 7. The Cabinet of
Ministers of Kyrgyzstan and Kyrgyz Reclaim Co. Ltd. have signed a
memorandum of understanding on the construction of a cascade of
small hydropower plants on the Tar River, located in the Kara-Kulja
district of the Osh region, Trend reports via the press service of the Ministry of
Energy of Kyrgyzstan.
The document was signed by Deputy Minister of Energy of the
Kyrgyz Republic Altynbek Rysbekov and General Director of
Kyrgyzstan Reclaim Co. Ltd. Qiu Chenqi.
Under the agreements reached, the parties plan to implement an
investment project for the construction of a cascade of small
hydropower plants with a total estimated capacity of about 200 MW
and an approximate investment volume of $300 million.
Meanwhile, the project’s implementation will facilitate the
commissioning of new generating capacities, strengthen the
country’s energy resilience, and ensure the stable and sustainable
development of the national energy sector.
