Russian Investments Fuel Small Hpps Construction In Kyrgyzstan (Exclusive)
Date
10/26/2023 1:06:45 AM
(MENAFN- Trend News Agency) BAKU, Azerbaijan, October 26. Development of
two small hydropower plants (HPPs) located on the Chon-Zhargylchak
river in the Issyk-Kul region of Kyrgyzstan, is currently underway,
with the support of the Kyrgyzstan JIA Business Association, a
source at the association told Trend .
The source indicated that these HPPs, designed by "Chon
Zhargylchak Green Energy" LLC and "Kichi Zhargylchak Green Energy"
LLC, will collectively have a capacity of 12 MW. Preparatory work
is currently in progress to initiate the construction phase.
"Ongoing negotiations are being conducted with equipment
suppliers, as well as providers of metal and plastic pipes, along
with other essential materials. It's noteworthy that this project
is being carried out with the involvement of Russian investors. The
construction is expected to be completed by the first quarter of
2025," the source said.
JIA is a non-profit organization that operates with the support
of foreign investments. This association brings together over 1,400
companies, encompassing small, medium, and large businesses, not
only within Kyrgyzstan but also on an international scale.
In October of this year, Kyrgyzstan's President Sadyr Japarov,
said during a meeting with members of the Eastern Committee of the
German Economy and representatives from leading German companies in
Berlin that there were 51 small and medium-sized hydropower plants,
along with 16 solar and wind power stations of varying capacities,
under construction in Kyrgyzstan at that moment.
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