Bishkek Solar Container 30kWh Procurement Contract

Will EDB build a hydropower plant in Kyrgyzstan?

The power plant will fully comply with international environmental and technical standards,” said Denis Ilin, EDB Senior Managing Director. In the meantime, the lender is also participating in a project to build and operate the USD-127-million Kulanak hydropower plant in Kyrgyzstan. (USD 1.0 = EUR 0.923)

Why should Kyrgyzstan invest in Kulanak HPP?

As part of the Central Asian Water and Energy Complex mega-project, the Kulanak HPP is expected to contribute to energy security and strengthen Kyrgyzstan’s position in Central Asia’s electricity market. The EDB has extensive experience in renewable energy projects.

What are the key agreements between Kyrgyzstan and negk?

The project includes a number of key agreements such as a 25-year offtake contract with the National Electric Grid of Kyrgyzstan (NEGK), a public-private partnership agreement with the Ministry of Energy, and a 25-year investment agreement with the Cabinet of Ministers.

Where is a 300 MW photovoltaic power station being built?

Bishkek, 21 May 2024. The Eurasian Development Bank (EDB) and Bishkek Solar have signed a cooperation agreement to finance the construction of a 300 MW photovoltaic power station in Toru-Aigyr village, Issyk-Kul Region, Kyrgyz Republic. The signing ceremony took place on 21 May in Bishkek, Kyrgyzstan.