(MENAFN- Trend News Agency) BISHKEK, Kyrgyzstan, April 17. Kazakhstan'sTGS-Energy company will assist Kyrgyzstan in building solar powerstations with a combined capacity of 250 MW, Trend reports.
The National Agency for Investments under the President ofKyrgyzstan and TGS-Energy signed the project memorandum followingthe Kyrgyz-Kazakh business forum, according to the agency.
The forum brought together individuals from the businesscommunity to discuss collaborative ideas and projects. AdylbekKasymaliev, Deputy Chairman of Kyrgyzstan's Cabinet of Ministers,emphasized the importance of this event in encouraging bilateralcooperation and strengthening commercial connections between thetwo countries.
The forum's discussions focused on investment potential inKyrgyzstan, with the idea that the signing of bilateral agreementswill improve collaboration between the two nations, particularly incritical economic sectors. The forum resulted in the signing ofnine memorandums.
Construction on a 400-megawatt solar power facility inKyrgyzstan's Issyk-Kul region began earlier this month, accordingto reports. The project is backed by $400 million in financing fromChinese corporations (Fortis and Molin Energy), with the solarstation expected to be operational within 1.5 years.
TGS is an engineering group of companies specializing in theimplementation of projects in the renewable energy sourcesector.
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