Kyrgyzstan plans to expand the range of investment projects, the Prime Minister Sooronbay Jeenbekov announced at the meeting of Coordination Council on Macroeconomic and Investment Policy. According to him, amid the economic crisis, limited resources, and reduction in the traditional markets, the country needs to take a number of measures that will help to create…
Kyrgyzstan owes Russia more than $42 million for the Upper Naryn HPP cascade and Kambarata-1, Director General of Electric Stations JSC Taalaibek Tolubaev reported. According to him, Kyrgyzstan is to return, according to various estimates, $37-38 million for Upper Naryn HPP and $5.2 million for the developed feasibility study for Kambarata-1. Currently, the power engineers…
National Energy Holding confirmed forgery and participation of affiliates in the tender for the purchase of local coal. The head of the Holding Aibek Kaliev reported on the bids for the purchase of fuel during a conference call on the preparation for the heating period. According to him, tender for the purchase of Kara-Keche coal…
The head of the state stressed the need for timely and quality preparatory and maintenance works at power stations of the country for the reliable and uninterrupted supply of the population with electricity and heating in the autumn-winter period. Chairman of the National Energy Holding Company Aibek Kaliev told about the work on the search…
Electricity and heating tariffs will not increase in 2016. The Prime Minister Sooronbay Jeenbekov announced this during a conference call on the preparation for the heating season. According to him, such an order was received from the head of the country Almazbek Atambayev. However, the current tariff policy does not allow power companies to cover…
China, UAE and European countries are interested in the construction of Kambarata-1 and Upper Naryn HPP cascade, the National Energy Holding reported. At present the power engineers are studying the received proposals to choose the most suitable investor. The President instructed the government to find investors for the construction of Upper Naryn HPP cascade after…
Volume of investments in Kyrgyzstan has grown since the beginning of the year, the National Statistical Committee reported. The volume of investment in fixed assets in January-July amounted to more than 47 billion soms, up by 4.1% YoY. Investments funded from internal sources increased by 11.7%. External sources, on the contrary, decreased by 20.4%. Most…