The investor who will build the Kara-Kechinskaya TPP has been revealed
According to the Ministry of Justice of the Kyrgyz Republic, Lin Daoe is the head of LLC "Chinatown Real Estate." The founders of the company are Lin Daoe, Wang Zhangquan, Zhou Qinghua, and Zheng Yabin. The main activity of the company is the purchase and sale of its own real estate.
The Investment Agreement covers the entire project cycle: from design and equipment supply to construction, commissioning, operation, and maintenance of the TPP.
The Minister of Energy of the Kyrgyz Republic has the authority to sign this agreement, including the right to make non-principal changes and additions.
Control over the execution of the order is assigned to the Department of Control over the Implementation of the Decisions of the President and the Cabinet of Ministers under the Administration of the President of the Kyrgyz Republic.
Background
Previously, the company "Electric Stations" announced an international competition for the construction of the Kara-Kechinskaya thermal power plant.
The project involves a phased commissioning of capacities: in the first phase, two power units of 300 MW each will be built, and in the second phase, one power unit with a capacity of 600 MW, which will allow achieving a total installed capacity of 1200 MW. The project documentation also indicates an expected annual output of 7.8 billion kWh at full capacity.
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