The Ministry of Finance of Kyrgyzstan allocated a budget loan of 2 billion soms for the construction of Bala-Saruu hydropower plant (HPP) in Talas region. Additional $10 million (882 million soms) were received later from the Russian-Kyrgyz Development Fund. Chakan HPP Director, Ulan Astarkulov, told on the air of Birinchi Radio.
According to him, the production capacity of the HPP will be 25 megawatts. It will cover 60-70 percent of electricity demand in Talas region.
The presidential decree on the construction of the HPP was signed on July 2, 2021. The feasibility study of the project was developed by a Norwegian company. Equipment has been imported from Austria, Russia and Uzbekistan.
