Kyrgyzstan sets up donor committee for Kambarata-1 HPP project

BISHKEK. June 11 (Interfax) - Kyrgyzstan has established a donor coordination committee for the construction of the Kambarata-1 Hydropower Plant (HPP), the Kyrgyz government's press service said on Tuesday.

"The International Investment Energy Forum in Vienna concluded with the creation of the donor coordination committee for the construction of the Kambarata-1 HPP," the press service said.

The donor committee currently consists of the World Bank, the OPEC Fund, Asian Development Bank, Asian Infrastructure Investment Bank, Islamic Development Bank, and the European Bank for Reconstruction and Development. Its first meeting is due to take place in the fall.

In addition, the Energy Ministries of Kyrgyzstan, Kazakhstan and Uzbekistan signed an interdepartmental agreement on cooperation as part of the Kambarata-1 HPP project following the forum.

Kyrgyzstan and the International Finance Corporation, part of the World Bank, also signed an agreement on the second stage of a solar power development project, as well as an agreement on financing an upgrade of the Dolinka substation and the reconstruction of the Rechnaya substation.