Russia to finance Kyrgyzstan's 1,900-MW Kambarata 1

The Kyrgyzstan Parliament unanimously ratified February 6 a US$2 billion Russian aid package including a US$1.7 billion discounted loan to help Kyrgyzstan build the 1,900-MW Karambata 1 hydroelectric project.

Construction began in 1986 on the Soviet-era hydro station and sister project 360-MW Kambarata 2. (HNN 9/25/08) Work halted when the Soviet Union collapsed. Early last year, Electricite de France and PricewaterhouseCoopers of the United States were declared winning bidders for an investment study of the completion of two projects on Kyrgyzstan's Naryn River. (HNN 1/4/08)

Russian President Dmitry Medvedev announced the aid package February 3, saying it would help Kyrgyzstan stabilize its finances and develop its industry including the hydropower sector.

Kyrgyz Prime Minister Igor Chudinov discussed the agreement in a news conference February 4, saying construction of Kambarata 1 would take seven years and create 15,000 to 18,000 jobs. Kyrgyz media reported Kambarata 1 would be developed by a joint stock company formed by Russian electricity import and export utility OJSC Inter RAO UES and Kyrgyzstan utility OJSC Elektricheskiye Stantsii, each of which are to own 50 percent of the venture.

Shortly after securing the Russian funding, Kyrgyz President Kurmanbek Bakiyev announced the plans to close the United States' air base at Manas, Kyrgyzstan, a strategically important link in supply to U.S. forces in landlocked Afghanistan. The announcement left the United States scrambling to find alternative supply routes through other parts of Central Asia.

Russia, irked by the U.S. military presence in Kyrgyzstan which it regards as part of its strategic sphere of interest, has long exerted pressure on the landlocked and mountainous Central Asian country to evict the U.S. forces. However, Moscow, which operates its own military base in Kyrgyzstan, has strongly denied any link between its aid package and the move to shut Manas.

HydroVision International 2014 Keynote Speakers

Presenting the HydroVision International 2014 Keynote Speakers

Check out a slideshow covering the keynote speakers at the HydroVision International 2014 conference and exhibition

Click Here >>

Hydro Industry Financials

Buyers Guide Products

Zagorsk PSP, Russia

Zagorsk Pump Storage Plant 6 x 236 MVA, 150 rpm...

Most Read Articles

Recent Comments

Buyers Guide Companies

Balluff GmbH

Offers sophisticated sensors, transducers, indu...

ThyssenKrupp Resource Technologies GmbH

Houghton International

High voltage (HV) coils manufacturers and suppl...

Scott Aerator Co LLC

Manufacturers of industrial grade de-icing equi...

Renewable Energy Corp Ltd

Designs, distributes and supplies wind, PV, hyb...

Continuing Education

Professional Development Hours
To access a course listing associated to a specific topic listed below, click on the topic of choice from the list below.

09/01/2014
Volume 33, Issue 7
cover
09/01/2014
Volume 22, Issue 5
cover

Archived Articles

2006 | 2007 | 2008 | 2009 | 2010 2011 | 2012 | 2013
Hydro Review Past Issues