Deputy Minister of Energy Altynbek Rysbekov presented information about the draft law.
He emphasized that the initiative was developed in accordance with the president's decree regarding measures to attract investments in the green economy, particularly in the fuel and energy sector.
The main idea of the draft law is to abolish the guaranteed tariff with a coefficient of 1.3 for electricity produced using renewable energy sources.
Additionally, currently, electricity tariffs are set by the Cabinet of Ministers in the national currency. The new draft law proposes to allow price determination in foreign currency for investment projects and public-private partnership projects in the fuel and energy complex, which should help attract foreign investments and improve the investment climate in the country.
The draft law also plans to clarify the concept of the preferential period for the maximum tariff for renewable energy sources and introduce the term "auction" as a method for selecting projects and determining tariffs with the possibility of reducing the maximum tariff level. This will create more transparent conditions for selection and enhance the competitiveness of projects.
As a result of the discussion, the draft law was adopted in the first reading.
