Kyrgyzstan seeks Russian investment for power plant construction

Kyrgyzstan is actively seeking investment from Russia to develop its energy sector, particularly for the construction of small and medium-sized power plants. Daniyar Amangeldiev, first deputy chairman of the cabinet, stated this at the St. Petersburg International Economic Forum's "Russia - Kyrgyzstan" session.

Amangeldiev highlighted Kyrgyzstan's commitment to advancing the Kambaratinskaya HPP-1 project, described as the region's largest energy initiative. He noted the growing global demand for accessible and clean energy, positioning hydropower as a key competitive advantage for Kyrgyzstan. The nation is pursuing a dual strategy: developing the major HPP-1 while simultaneously building smaller power stations and renewable energy facilities.

"We are interested in attracting Russian companies to implement these projects, both as investors and technological partners," Amangeldiev stated. The forum, running from June 3 to 6, focuses on establishing a new model for global development amidst a transforming world economy under the theme "Pragmatic Dialogue - A Path to a Stable Future."

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We are interested in attracting Russian companies to implement these projects, both as investors and technological partners.