A construction boom continues in Kyrgyzstan, including in the energy sector. One of the directions was the development of small hydropower. This was announced by the head of the department for attracting and preparing PPP projects, Karatay Dzhangeldiev, on the radio.
He noted that last week an agreement was signed on the construction of small cascades of hydroelectric power stations on the Chatkal River.
«These are four cascades of hydroelectric power stations with a total capacity of about 160 megawatts. The total investment is about $200 million», Zhangeldiev said.
According to him, the country is also implementing projects to create solar and wind power plants.
«The main goal of these projects is to increase the energy potential of our state. According to the law, investors finance the construction of power plants, and the state undertakes to buy back the electricity they generate. This is a kind of guarantee for the private sector that they will be able to sell the electricity generated», — he said.
Zhangeldiev also recalled that work is underway to develop transport infrastructure, in particular the construction of roads.
«Kyrgyzstan is at the crossroads of trade routes, and cross-border transport corridors are an aspect in the development of the state. In January of this year, the first PPP agreement in the field of road construction — was signed on a bypass road project in the city of Uzgen with a length of 14 km. The agreement was worth $29 million», — he added.