The construction of the second Kambar-Ata hydropower plant has begun in the Jalal-Abad region in south Kyrgyzstan.
This is a state project, and the government has assigned over 100 million soms for it [the current exchange rate is 44.3 soms to the dollar].
It will cost $260 million to build the power plant. Kambar-Ata-2 is expected to produce up to 4.5 million kilowatt/hours of electricity per year.
"The Kyrgyz government will construct the power plant with its own funds. Later on, it will either invite investors or set up a Kyrgyz- Russian-Kazakh consortium," Director General of the Power Plants Company Sagynbek Dordoyev said at a briefing on Thursday.
"Some of the electricity that the Kambar-Ata-2 will generate will be exported to Russia, Kazakhstan, China and Pakistan," Dordoyev said.
A Russian-Kyrgyz intergovernmental agreement was signed in April to supply 1.5 billion kilowatt/hours of electricity from Kyrgyzstan to Russia's Omsk region starting in 2003, he said. The electricity will be supplied via Kazakhstan on substitution terms. "Aspects of the electricity supplies are being coordinated with that country," Dordoyev said.
Interfax, April 25, 2003