EBRD to allocate funds for hydropower plant rehabilitation in Kyrgyzstan
Azerbaijan, Baku, Sept.13 /Trend V. Zhavoronkova/
The European Bank for Reconstruction and Development (EBRD) will allocate $75 million to rehabilitate the Toktogul hydropower plant in Kyrgyzstan, KyrTAG reported with reference to the country's energy and industry ministry.
EBRD will participate in the project as a co-donor, along with the Asian Development Bank (ADB), that is the major donor of the project.
The EBRD is ready to allocate $75 million from the required $190 million for the implementation of the second stage of the project.