Photo by the Ministry of Energy
According to Riddell, the implementation of this project not only strengthens confidence in the future of the country's energy sector but also contributes to ensuring food and energy security in the region.
In turn, Minister Ibraev expressed gratitude to the World Bank for its support in developing energy infrastructure. He noted that last winter, Kyrgyzstan managed to avoid serious power outages. The modernization of equipment and reconstruction of power lines are yielding positive results.
Riddell also noted that his cooperation with the energy sector of Kyrgyzstan began in 2018 and positively assessed the achievements of the ministry in recent years. An intergovernmental agreement on the construction of Kambarata HPP-1 is currently being prepared.
The meeting discussed the timelines and plans for implementing joint projects, including the development of renewable energy sources and the project "Innovative Financing for Transition to Sustainable Energy," as well as issues of technical and financial support for the modernization of energy infrastructure.
Further discussions on the Kambarata HPP-1 project are scheduled for the World Bank's spring meeting in Washington, where the technical, economic, and environmental aspects of its implementation will be considered.
Reference 24.kg
The Kambar-Ata-1 HPP is under construction in the Jalal-Abad region of Kyrgyzstan on the Naryn River. It will become part of the Naryn-Syrdarya cascade and will provide a capacity of 1860 megawatts, making it one of the largest hydropower plants in Central Asia. According to the latest estimates, the total cost of the project may reach up to $3.5 billion, of which the World Bank plans to allocate $1.5 billion.