The Eurasian Development Bank (EDB) and Kyrgyzstan’s Electric Stations have signed a technical assistance agreement for the purchase of equipment for the Bishkek combined heat and power plant (CHPP). This project, financed by the EDB Technical Assistance Fund (TAF), aims to address the consequences of an accident that occurred at the plant on 2 February 2024.
The project is expected to ensure reliable and uninterrupted electricity, heat and hot water supply to city residents affected by the incident.
The agreement provides for the purchase of necessary equipment, including low-voltage switchgear to prevent overloads and short circuits in the grids.
The total project funding approximates US $500,000 and will be provided as a non-repayable grant.
“This project is of strategic importance as the Bishkek CHPP plays a key role in the lives of city residents, accounting for 14% of the country’s total electricity generation and providing heat to almost two-thirds of the capital. We aim to both restore the energy infrastructure and enable the future development and modernisation of the city’s energy system,” said Denis Ilin, EDB Senior Managing Director.
