USD 69.74
EUR 79.24
RUB 1.05

Representatives of Liglass Trading arrive in Kyrgyzstan

Representatives of Liglass Trading arrived in Kyrgyzstan. Own sources informed 24.kg news agency.

It is expected that representatives of the Czech company will speak at a press conference today.

Tomorrow, on September 19, is deadline for payment of $ 37 million.

Recall, agreement on construction and commissioning of Ak-Bulun hydropower station and Naryn HPP-1 of the Upper Naryn cascade was signed between the government of Kyrgyzstan and Liglass Trading. The same company won the tender for the construction of ten small HPPs.

At the time, the government voices different terms for payment of $ 37 million by Liglass Trading company for the redemption of 50 percent of shares of Upper Naryn HPPs CJSC. This is exactly the amount Kyrgyzstan should return to the Russian company RusHydro, which is preparing to file a lawsuit against the republic in international arbitration.