Eurasian Development Bank is ready to join the project for the construction of a nuclear power plant in the Kyrgyz Republic
He also added: "Kyrgyzstan has not yet made a final decision on this issue. We expect that this process will be transformed into concrete plans. After that, we will be able to offer assistance both in design through the technical assistance fund and in co-financing. Since the project is likely not to cost $1 billion, we can only take on part of the financial obligations, but we are ready for cooperation and will gladly participate."
The Deputy Chairman of the Board of the EDB, Yaroslav Mandron, clarified that the bank has the capacity to provide between $300 million and $500 million to a single borrower, which also applies to nuclear energy projects.
Discussions about the construction of a nuclear power plant in Kyrgyzstan began in 2022. So far, no final decisions have been made regarding the implementation of this project, its cost, location, or timelines for starting work.
The Deputy Minister of Energy of the Kyrgyz Republic, Altynbek Rysbekov, previously emphasized: "The possibility of building the plant exists; however, a principled decision has not yet been made. We have a signed memorandum with Rosatom, work is underway, but the location and method of construction have not yet been determined, and it is still too early to talk about anything specific."
At the same time, in Uzbekistan, the process of construction has already begun, where it is planned to build two small capacity blocks and two large ones. Kazakhstan, in turn, is considering the construction of a nuclear power plant with a capacity of 2.4 GW.
Read also:
In Kazakhstan, the dates for the start of concrete pouring for the first nuclear power plant have been announced.
Almasadam Satkaliyev, head of the Atomic Energy Agency of Kazakhstan, announced the timeline for...
Projects from Kyrgyzstan worth $300 million are under consideration by the EDB.
As of December 18, the total volume of the Eurasian Development Bank's project portfolio in...
"Balhash". Kazakhstan has decided on the name of its first nuclear power plant
In Kazakhstan, the competition for the best name for the first nuclear power plant has concluded,...
Solar Station on Issyk-Kul. The First Stage of the Project is Coming to an End
In the Issyk-Kul region, construction and installation work is actively continuing on the...
Kazakhstan plans to begin the construction of a nuclear power plant with the participation of Rosatom in 2029.
In 2029, the construction of the first nuclear power plant (NPP) in Kazakhstan is expected to...
Construction of a Nuclear Power Plant in Mongolia Could Become a Flagship of Partnership with the Russian Federation, — Rosatom
// atommedia.online The construction of a small-capacity nuclear power plant in Mongolia could...
The EBRD will allocate $500 million to participants of the Kambarata HPP-1 project
The Vice President of the European Bank for Reconstruction and Development (EBRD), Matteo Patrone,...
In Germany, the iconic cooling towers of the Gundremmingen Nuclear Power Plant were blown up
On the territory of the former Gundremmingen Nuclear Power Plant in Bavaria, on October 25, at...
The U.S. has allowed some operations with Russian banks and the Central Bank.
The U.S. Department of the Treasury, through the Office of Foreign Assets Control (OFAC), has...
Astana announced that Russia is considering the possibility of laying a gas pipeline through Kazakhstan bypassing Mongolia.
At a press conference, Kazakhstan's Minister of Energy Erlan Akkenzhenov announced that...
"Very trusting relations are forming between Kyrgyzstan and Russia in the nuclear sphere," - CEO of "Rosatom"
The General Director of the State Atomic Energy Corporation of the Russian Federation...
How to Attract Capital from the Gulf States to Central Asia, According to the EDB
The Eurasian Development Bank (EDB) has announced the creation of a new investment platform aimed...
The National Bank is considering simplifying the sales procedure, - Deputy Head of the NBKR Kozubekov
- During a press conference held on October 29, 2025, in Bishkek, the Deputy Chairman of the...
Former Minister Zhekshenkulov named three key areas for the development of Kyrgyzstan's economy
- The main directions for the development of Kyrgyzstan's economy should be energy,...
Sadyr Japarov urges not to complain about power outages: Endure for another 2.5 years
Addressing the people on October 27 during his working trip to the Jalal-Abad region, Zaparov...
The Head of the Cabinet participated in the international conference on cooperation in the field of science and technology
During his working visit to the Russian Federation, the Chairman of the Cabinet of Ministers...
A New Commercial Bank Has Emerged in Kyrgyzstan
A new commercial bank named "Berekett Bank" has launched in the country, becoming the...
The American nuclear reactor "Three Mile Island" will be restarted thanks to a billion-dollar deal with Microsoft.
The administration of U.S. President Donald Trump has decided to provide $1 billion in loan funds...
In 1000 villages of Kyrgyzstan, solar power plants will be built, - head of the State Committee for National Security
In Kyrgyzstan, the construction of solar power plants is planned in 1000 villages Turmush —...
Chinese companies will build a solar power plant in Kyrgyzstan
At the international forum taking place in Suzhou, China, the Ministry of Energy of Kyrgyzstan...
Zelensky: The issue of territories should be resolved by the people of Ukraine through elections or a referendum
During a press conference on December 11, Zelensky answered journalists' questions,...
The President of the Asian Development Bank Arrives on a Visit to Kyrgyzstan
The President of the Asian Development Bank, Masato Kando, has arrived in Kyrgyzstan for an...
The great hydropower potential of the Kyrgyz Republic was noted in the president's administration.
At the international scientific and practical conference held in Bishkek titled "Ways to...
EADB to finance the construction of a 500 kW substation in Balıkçı
A 500 kW substation is planned to be built in Balakchy, as reported by the Minister of Energy of...
The minister commented on Sadyr Japarov's request not to complain about power outages in winter.
In an interview on "Birinchi Radio," Minister Ibraev pointed out the need for openness...
Kambar-Atynska Hydroelectric Power Station-1: Kyrgyzstan, Uzbekistan, and Kazakhstan allocate $500 million each for construction, - expert
Energy expert Mirbek Mamatov reported on the radio that Kyrgyzstan has been financing preparatory...
The Ministry of Energy of Kyrgyzstan signed an investment agreement with two Chinese companies for the construction of a solar power plant.
At the International Forum held in the Chinese city of Suzhou, an Investment Agreement was signed...
A branded classroom of the Eurasian Development Bank has opened at KRSU
The opening of the auditorium became part of the technical assistance project of the Eurasian...
The banks' deposit base grew from 181 billion to 800 billion soms over 5 years, - NBKR
- At a press conference, the Deputy Chairman of the National Bank, Azat Kozubekov, reported that in...
Kyrgyzstan and China Discussed the Implementation of Projects for the Kambar-Ata and Uch-Kurgan Hydroelectric Power Stations
Alibek Sadyrov, head of JSC "Electric Stations," participated in events organized by...
Rosatom plans to start building a wind power plant in Kyrgyzstan in 2026
The State Corporation Rosatom plans to begin construction of a wind power plant (WPP) with a...
Credit Agreement Signed for the Construction of the China – Kyrgyzstan – Uzbekistan Railway
At the signing ceremony of the loan agreement concerning the financing of the construction of the...
The second largest stadium in Kyrgyzstan — Tashiev revealed what will be at the site of the old airport in Manas city
In Manas, on the territory of the old airport, the construction of a new stadium is planned, as...
Aiyl Bank signed memorandums of cooperation with Citi Bank and Oppenheimer & Co. as part of the C5+1 summit
- During the C5+1 summit in Washington, Tilek Alimdzhanov, Chairman of the Board of OJSC "Aiyl...
"Bereket Bank," established by the president's son, received a license to conduct banking operations.
There are now 22 banks in Kyrgyzstan...
Agreement with China: A 250 Megawatt Solar Power Plant Will Be Built in Kyrgyzstan
At the international forum taking place in Suzhou, the Ministry of Energy of the Kyrgyz Republic...
The tender for the construction of the Kara-Kechinskaya TPP has been declared unsuccessful
OJSC "Electric Stations" announced the recognition of the tender for the EPC contract for...
Investors of the largest solar station in the Kyrgyz Republic are exempt from customs duties
The Cabinet of Ministers of Kyrgyzstan has decided to exempt from customs duties the goods...
Kyrgyzstan and Pakistan Agree on Mutual Electricity Supplies
During the official visit of the President of Kyrgyzstan Sadyr Japarov to Pakistan, a meeting took...
Agreement with China: A 250 MW Solar Power Plant Will Be Built in Kyrgyzstan
During the international forum held in Suzhou, an investment agreement was signed between the...
Andrey Krutko: "The discussion on the construction of the cascade of hydropower plants in the Kyrgyz Republic is not yet concluded."
At the end of the outgoing year, Kyrgyzstan announced its intention to denounce the agreement with...
EABR forecasts the construction of 395,000 sq.m. of warehouse space in Kyrgyzstan in the coming years
- On October 23, analysts from the Eurasian Development Bank (EDB) presented their findings on the...