Contract on “Qambarota GES-1” was signed by Kyrgyzstan, Kazakhstan, and Uzbekistan
Local
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11 June
4015At the international energy investment forum in Vienna, Kyrgyzstan, Kazakhstan, and Uzbekistan formed the Coordinating Donor Committee for the construction of Qambarota HPP-1, as reported by the press service of the Cabinet of Ministers of the Kyrgyz Republic.
According to the announcement, the committee includes financial institutions such as the World Bank, OPEC Fund, Asian Development Bank, Asian Infrastructure Investment Bank, Islamic Development Bank, and European Bank for Reconstruction and Development, among others.
The statement highlighted that the committee remains open to additional interested parties, with the first meeting scheduled for this fall.
Several key documents were also signed:
- An interagency agreement on cooperation between the energy ministries of Kyrgyzstan, Kazakhstan, and Uzbekistan regarding the KAGES-1 project.
- A Memorandum of Understanding to support the enhancement of the Kyrgyz electricity grid through the financing of the Kemin-Baliqchi 500-kilowatt transmission line project.
- An agreement between Kyrgyzstan and the International Finance Corporation on the second phase of the solar energy development project.
- An agreement on financing for the "Modernization of Dolinka Substation" and the reconstruction of "Rechnaya Substation."
- A memorandum on mutual cooperation for the implementation of energy sector investment projects between the National Investment Agency under the President of the Kyrgyz Republic and the energy consulting group of the Chinese International Engineering Company.
Oqilbek Japarov, the head of the Cabinet of Ministers of Kyrgyzstan, expressed gratitude to the forum participants.
"I am confident that the Donor Coordination Committee will continue to facilitate the synchronization of efforts for the implementation of the national project - Qambarota GES-1," stated Japarov.
The future power station is expected to have a capacity of 1860 megawatts, with the project's cost exceeding $4 billion.
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