The Eurasian Development Bank (EDB) and the Ministry of Economy and Commerce of the Kyrgyz Republic have signed a technical assistance agreement to develop a pre-feasibility study for the Suusamyr-Kokomeren HPP Cascade Project. This agreement builds on the ongoing cooperation between the Bank and the Ministry under the Memorandum of Cooperation signed in December 2024.
Under the agreement, the EDB will finance the pre-feasibility study to advance the project’s implementation. The Bank, the Ministry and an engaged consultant will collaborate to estimate preliminary capital expenditures for constructing the Suusamyr-Kokomeren HPP Cascade, develop key technical solutions, evaluate environmental and social impacts and outline the necessary state support measures for its implementation.
The construction of the 1.3 GW Suusamyr-Kokomeren HPP Cascade is of significant strategic, economic and social importance for Kyrgyzstan. The project will address the country’s current and future electricity demand while contributing to a reduction in greenhouse gas emissions.
The Suusamyr-Kokomeren HPP Cascade Project is part of the EDB’s key investment mega-project, the Central Asian Water and Energy Complex, which aims to foster water and energy cooperation in the region while addressing national socioeconomic challenges. The investment project aligns with the EDB’s 2022–2026 Country Strategy for the Kyrgyz Republic, focusing on the modernisation and construction of hydroelectric facilities and grid infrastructure.
