BISHKEK, Kyrgyzstan, November 20. The Asian Development Bank (ADB) confirmed plans to mobilize more than $800 million to support two major regional hydropower developments, including Kyrgyzstan’s Kambarata-1 project, during the 24th Ministerial Conference of the Central Asia Regional Economic Cooperation (CAREC) Program, Trend reports via ADB.
In his keynote address, ADB President Masato Kanda emphasized that expanding clean energy infrastructure is central to the bank’s long-term engagement in the region. He noted that Kambarata-1 is among the flagship energy projects ADB aims to help advance as part of its wider investment program through 2030.
“We are committed to bringing capital and confidence to complex cross-border projects like Kambarata-1. These are the kinds of investments that can reshape the region’s energy future and deliver lasting impact for generations,” Kanda said.
Kambarata-1 HPP is positioned as the largest energy facility built on the Naryn River in Kyrgyzstan’s Jalal-Abad region. The project is plaaned to include a reservoir with a capacity of 5.4 billion cubic meters and a hydropower plant with a capacity of 1,860 MW, which is expected to generate an average of 5.6 billion kWh of electricity annually.