National Energy Holding of Kyrgyzstan talks energy sector, investments

Business Materials 26 September 2017 18:07 (UTC +04:00)

Baku, Azerbaijan, Sept. 26

By Ali Mustafayev – Trend:

A lot of work on improvement of the energy sector is being done in the Kyrgyz Republic.

Currently, one of the main targets in country's energy policy is to create conditions for attracting investment, a source in the National Energy Holding of Kyrgyzstan told Trend.

“The development of high-voltage electrical networks in recent years would've been impossible without investments. Implementation of investment projects to improve electricity supply began in 1995. As a result, new facilities were built and existing substations and transmission lines of 110 kV and above, which are of great importance for separate power units, were upgraded,” said the source.

Reconstruction and creation of new power stations allowed to provide the South of the country with energy. Construction and modernization of such power plants as “Aigultash-Samat,” “Alai-Aigultash,” “Alabel-Semetey” and many others allowed the country to meet the growing public demand for electricity, according to the Holding.

A big number of energy projects of Kyrgyzstan were financed by the Chinese Eximbank through the Shanghai Cooperation Organization.

"Another significant point worth of mentioning is the launch of a big regional project - "Transmission of Electric Power from Central Asia" (CASA-1000), which is important for both Kyrgyzstan and neighboring countries.

During summer, CASA-1000 project will export electricity from Kyrgyzstan and Tajikistan to Pakistan and Afghanistan. This project intends to build 500 kV DC facilities in Tajikistan, Afghanistan and Pakistan, and to unite Kyrgyz and Tajik energy systems at 500 kV AC voltage, with the construction of a 500 kV Datka-Khujant high-voltage line.

The source added that that thanks to the above mentioned projects have led to significant reduction of electricity losses at networks of local electricity companies.

“Particularly, the energy losses were reduced from 4 billion kWh in 2005 to 1.5 billion kWh in 2016 (from 38.9% to 13.9%),” said the source.

Luring in investments to construction and modernization of existing electric grid facilities allows to stabilize the electricity supply to citizens in all regions of the Kyrgyz Republic and to create conditions for developing small and medium businesses in each region of the country.