Parliamentary Committee Approves Construction of 'Kemin-Balykchy' Power Line

The Parliament's Committee on International Affairs, Defense, Security, and Migration has given its approval for the second reading of a bill concerning the construction of a high-voltage "Kemin-Balykchy" power line and a 500-kilovolt substation. This significant energy infrastructure project is poised to play a pivotal role in the development of the Issyk-Kul region.

The total estimated cost for this ambitious undertaking is 67.7 million euros. The European Bank for Reconstruction and Development (EBRD) is set to be the primary financial backer, providing a substantial 61.7 million euros in the form of a 20-year loan with a five-year grace period. The remaining 6 million euros will be covered through investment grants and technical assistance for project management, ensuring a comprehensive approach to its implementation.

According to Deputy Energy Minister Nasiрbek Kerimov, the new 500-kilovolt line is deemed essential for the advancement of the Issyk-Kul region. It is expected to alleviate bottlenecks in the existing power grid, a critical step in ensuring a stable and efficient energy supply. Perhaps most importantly, this project will facilitate the integration and transmission of electricity generated by the new solar and wind power stations currently under construction in the area.

This initiative aligns with broader national goals to strengthen the energy system and enhance its transit potential. By modernizing and expanding the power infrastructure, the project aims to bolster energy security and unlock new opportunities for economic growth and development in the region.