BISHKEK, Kyrgyzstan, June 11. A coordinating donor committee for the construction of the Kambarata-1 hydropower plant (HPP) has been established, Trend reports.
According to the Cabinet of Ministers of Kyrgyzstan, the committee was formed following the International Investment Energy Forum in Vienna.
The initial members of the Coordinating Donor Committee include financial institutions and organizations such as the World Bank (WB), OPEC Fund, Asian Development Bank (ADB), Asian Infrastructure Investment Bank (AIIB), Islamic Development Bank (IsDB), European Bank for Reconstruction and Development (EBRD), among others.
The first session of the committee is scheduled to take place in the fall of this year.
"I am confident that the newly established Coordinating Donor Committee will continue the efforts and synchronization of actions for the implementation of the national project—the construction of the Kambarata-1 hydropower plant," said the Chairman of the Cabinet of Ministers of Kyrgyzstan Akylbek Japarov.
The International Investment Energy Forum in Vienna focused on the Kambarata-1 HPP construction project. The forum was organized by the Cabinet of Ministers of Kyrgyzstan with the support of the World Bank Group and the assistance of the Austrian government. During the forum, Kyrgyzstan also presented other initiatives related to clean energy.
More than 200 representatives and leaders of international financial organizations, delegations from Central Asia, Europe, the Middle East, and private investors participated in the event.
To note, the Kambarata-1 on the Naryn river is the largest hydroelectric project in Kyrgyzstan and is expected to become one of Central Asia's largest hydropower ventures. Once completed, the HPP will have a capacity of 1,860 MW and will produce 5.6 billion kWh of electricity per year. Preliminary estimates indicate that the dam will be 256 meters high and that the reservoir will hold more than 5.4 billion cubic meters of water.
