Kyrgyzstan is poised to launch nine significant projects in the energy sector between 2025 and 2029, Trend reports, citing a forecast from the country’s Finance Ministry.
The total investments are expected to reach 31.677 billion soms (around $375.8 million).
Of this amount, domestic funding is projected at 30.48 million soms ($361,000), while external financing is anticipated to be 31.646 billion soms ($375.5 million). These projects aim to modernize and rehabilitate both small and large hydroelectric power plants, converter substations, and high-voltage transmission lines.
"As part of government investment projects in the energy sector, the following facilities will be commissioned: the modernized Toktogul Hydropower Plant (all 4 hydroaggregates will be replaced), Kambaratinskaya HPP-2 (the second hydroaggregate will be replaced), and Uchkurghan HPP (all 4 hydroaggregates will be replaced)," the Finance Ministry stated.
Additionally, this period will see the launch of several new initiatives focused on sustainable development and the enhancement of the country's energy sector.
The initiatives will be based on the principles of utilizing renewable energy sources and will include components such as the construction of new small hydropower stations and the development of feasibility studies for large solar power plants.
Funding for these projects is expected to come from the World Bank, the Green Climate Fund, and the European Bank for Reconstruction and Development.
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