On January 20, a meeting was held in Bishkek where the Minister of Energy of Kyrgyzstan, Talaybek Ibraev, discussed issues with Gezer Selchuk, a member of the Board of Directors of the Open Joint Stock Company "Central Asian Investment Holding," and other representatives of the company, including the Chairman of the Board, Sura Mukhammet Haluk, and the Deputy Chairman of the Board of Directors, Tariel Ermeeva.
During the discussion, aspects of preparing the preliminary feasibility study for the construction of the Kazarman Cascade of Hydropower Plants were considered, and a corresponding presentation was made.
The employees of the Open Joint Stock Company "CAIH" provided information about the current status of work and key results achieved at the stage of preparing the preliminary feasibility study. The participants of the meeting discussed further steps for project implementation and coordination issues within the framework of existing investment agreements.
Talaybek Ibraev emphasized the importance of this project for the development of the hydropower sector, ensuring energy security, and attracting foreign investments, highlighting the need to adhere to the established timelines for implementation.
It should be noted that on August 2, 2025, an investment agreement was signed between the Cabinet of Ministers of Kyrgyzstan and the Open Joint Stock Company "Central Asian Investment Holding" for the implementation of the Kazarman Cascade of Hydropower Plants project.
The project includes the creation and operation of hydropower plants, which involves the design, construction, maintenance, and electricity generation at the planned facilities.
The Open Joint Stock Company "CAIH" expressed interest in constructing three hydropower plants, including:
Alabugin Hydropower Plant - 600 MW;
Kara-Bulun-1 Hydropower Plant - 149 MW;
Kara-Bulun-2 Hydropower Plant - 163 MW;
The total capacity of the cascade will be 912 MW.
According to the terms of the investment agreement dated August 2, 2025, the expected investment volume will be 3 billion dollars. The projects will be implemented entirely with the investor's own funds without state participation. ```
