The State Financial Holding will act as guarantor for a $25 million loan for the construction of the "Djeruy" Hydroelectric Power Station.

Ирина Орлонская Economy
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- The joint-stock company "State Financial Holding" approved the guarantee for the credit obligations of the company OsOO "Alliance Hydro" to the Russian-Kyrgyz Development Fund in the amount of $25 million.

According to the Kyrgyz Stock Exchange, these funds will be directed towards the implementation of the project for the construction of the small hydropower plant "Djeruy" with a capacity of 24 MW in the Talas region.

The board of OJSC "State Financial Holding" also received instructions to ensure compliance with the order of the Cabinet of Ministers of the Kyrgyz Republic dated November 5, 2025, number 941-r, in the established manner.

This decision was made at the shareholders' meeting held on January 15, 2026.

The text of the order is available to subscribers of the Tazabek publication.

Reference Information

According to the Ministry of Justice of the Kyrgyz Republic, the head of OJSC "State Financial Holding" is Doolebekov Eldiyar Beyshenalievich, and the founder is the Ministry of Finance of the Kyrgyz Republic. The main activity of the holding is providing loans. The date of re-registration is November 19, 2025.

The general director of OsOO "Alliance Hydro" is Moldousupov Bakyt Esenalievich. The founders of this company also include OsOO "Bekmoldo Service" [the founders of OsOO "Alliance Altyn" and Kurmanbaeva Asel Shailoobekovna] and Jumabaev Talant Shaibekovich. The main area of activity is electricity production at hydropower plants.
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