The Russian-Kyrgyz Development Fund (RKDF) allocated a soft loan of $1.7 million for the purchase of equipment and special machinery for Business Invest Company LLC. Press service of the fund reported.
The goal of the project is to resume coal mining at the large Jyrgalan field in Issyk-Kul region. Development of the mine began in 1959, its reserves are estimated at 18 million tons of solid fuel. In September 2012, a fire broke out at the enterprise, work was stopped. There are three mines on the territory of the field — in the Central, Western and Eastern sections.
In May 2022, Business Invest Company LLC began preparatory work in the Eastern section.
The company has repaired access roads and installed power lines, and is now building a shift camp. At the same time, 100-120 tons of coal per day are already being mined. In the future, its production capacity will increase and amount to 50,000 tons of coal per year.
«The RKDF allocated $1,733 million to us for the implementation of this project. We first of all ordered equipment from Russia. Everything, from miners’ clothes to assembly lines, was ordered from the Russian Federation at the expense of the fund,» Kubatbek Kerimov, general director of the company, told.
In turn, the head of the RKDF, Artem Novikov, noted that the field had been idle for 11 years. After the instructions of the President, its preparation for launch has started.
«We have contributed to the execution of the order of the head of state. The project involves import substitution and will create 126 jobs,» he said.
The head of the RKDF also said that this section was flooded in 2017. Drainage systems were specially designed and installed, which periodically pump out water (2,500 cubic meters of water have already been pumped out and 420 meters of silt have been removed). Drilling machines drill seams, coal crumbles and moves up.
«The first 1,200 tons have already been delivered to Karakol hearting and power plant. Coal is mined at this filed in partnership with the state — Kyrgyzgeology state enterprise receives 20 percent of the produced volume. In other words, 255 soms from each ton is transferred to the income of the state enterprise,» Artem Novikov concluded.
