Kyrgyzstan, WB Focus On Advancing Kambarata HPP-1 Construction
Date
11/4/2024 9:11:40 AM
(MENAFN- Trend News Agency)
BISHKEK, Kyrgyzstan, November 4 . Kyrgyzstan's
Prime Minister Akylbek Japarov and the regional director of the
World bank (WB) for Central Asia, Tatiana Proskuryakova, have
discussed the advancement of the Kambarata HPP-1 construction
project, Trend reports via the
country's Cabinet of Ministers.
Alongside the hydropower project, the parties put their heads
together to discuss the current state of bilateral cooperation
between Kyrgyzstan and the WB, as well as the reforms being rolled
out by the Cabinet of Ministers of the Kyrgyz Republic.
Both Kyrgyzstan and the World Bank (WB) expressed their
readiness for further fruitful cooperation aimed at the
socio-economic development of the country following the
meeting.
The meeting took place during the National Development Forum
2024, themed "Human Capital and Sustainable Development."
To note, construction of the Kambarata HPP-1 is set to begin in
2025, with the first hydro unit expected to be commissioned in
2028. The preliminary cost of the project ranges from $4.5 billion
to $5 billion, with a capacity of 1,860 MW. The Kambarata HPP-1 is
anticipated to produce 5.6 billion kWh of electricity annually.
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