Deputy Chairman of the Cabinet of Ministers of Kyrgyzstan Bakyt Torobaev held a meeting with the participation of representatives of relevant state bodies and financial structures on the construction and operation of Mailuu-Suu small hydropower plant (HPP) in Nooken district of Jalal-Abad region. Press service of the Cabinet reported.
The issue of joint financing of the construction of Mailuu-Suu small HPP was discussed at the meeting. In particular, a joint investment of funds by the Financial and Credit Fund under the Ministry of Finance, Mailuu-Suu Electric Bulb Plant OJSC, the Eurasian Development Bank and the Russian-Kyrgyz Development Fund is being considered for implementation of the project.
The estimated cost of the project is over $35 million. Construction work is scheduled to be completed within 2.5 years. The total capacity of the project will be 26 MW. It is planned that, on average, the small hydropower plant will produce 108 million kilowatt-hours of electricity per year.
