BISHKEK, Kyrgyzstan, September 28. The World Bank (WB) has allocated $13.8 million for the CASA-1000 project in Kyrgyzstan, Taalaibek Ibraev, the Minister of Energy of Kyrgyzstan, said, Trend reports.
Providing an update on the current status of the project, the minister noted that 88 percent of the work has been completed as of today.
In addition to the CASA-1000 project, the World Bank earlier this month announced additional financing for five other projects planned for implementation in Kyrgyzstan in 2024. The total financing for the WB projects in Kyrgyzstan in 2024 equals $201.4 million. These projects include:
Kyrgyzstan Resilient Landscape Restoration Project
Additional financing for the Digital CASA-Kyrgyzstan project
Additional financing for the Heat Supply Improvement Project
A third project for additional financing of sustainable water supply and sanitation
Regional Economic Development Project for Kyrgyzstan
CASA-1000 is an infrastructure project designed to transmit 1,300 megawatts of surplus electricity from Central Asian countries (Kyrgyzstan and Tajikistan) to high-demand electricity markets in South Asian countries (Afghanistan and Pakistan) through the construction of new energy infrastructure. The project involves modernizing the electrical grids in participating countries by building new substations and high-voltage power transmission lines.