Commissioning of the 2nd Hydroelectric Unit of the Kambaratinskaya HPP-2 in Kyrgyzstan
On 2 July 2014, the Council of the Anti-Crisis Fund of the Eurasian Economic Community approved the preliminary application and the conceptual framework of the investment project in the Kyrgyz Republic “Commissioning the second hydro generation unit of Kambaratinskaya HPP-2” for the amount of US $100 million, with US $80 million to be financed by the ACF.
The project involves the financing of purchasing and installing the second hydro generation unit for Kambaratinskaya HPP-2.
The chain of Kambaratinskaya HPPs is the largest project in the country, which involves the construction of Kambaratinskaya HPP-1 and Kambaratinskaya HPP-2 located on the Naryn River, in the tail area of the Toktogul HPP water reservoir. Kambaratinskaya HPP-2 is to be used together with the existing HPPs as a compensation regulator, while Kambaratinskaya HPP-1 is to be used as a water runoff regulator.
Simultaneous power generation by the first and the second hydro generation units will ensure a reduction of winter water releases from the Toktogul water reservoir by 1.4 billion m3 and an increase in the volume of power generation up to 1.019 GWh, of which 0.864 GWh in the spring and summer period and up to 0.155 GWh in the autumn and winter period.
Expected outcomes of project implementation:
- Improved level of energy security and sustainable operation of the power system of the Kyrgyz Republic;
- Growth of the export potential of the Kyrgyz Republic owing to exports of excess electricity to the EurAsEC member states, improvement of the balance of payment of the Kyrgyz Republic;
- Improved access of the country’s population to electricity;
- Expansion of trade with the EurAsEC member states in the framework of equipment and service supplies; and
- Lower tension related to dealing with the issues of water energy resource utilisation in the Aral Sea catchment area.
25.08.15. Eurasian Development Bank announces outcome of competitive selection for financial and engineering audit services
The Eurasian Development Bank has completed its competitive selection of a consultant to provide financial and engineering audit services for the proposed project “Start-up of Second Generator Unit of Kambarata HPP-2” and hereby announces that Tractebel Engineering S.A. has been selected as the award winner, with FICHTNER GmbH & Co. KG scoring as the runner-up.
Moscow, 16 July 2014. Eurasian Development Bank's (EDB) specialists completed their four-day mission to the place where two investment projects are proposed to be implemented in Kyrgyzstan with finance from the EurAsEC Anti-Crisis Fund (ACF). The projects are the reconstruction of Toktogul HPP, including the replacement of Units 2 and 4 with the replacement/repair of auxiliary systems and plant equipment, and the commissioning of Unit 2 at Kambarata HPP 2.
03.07.14. The ACF Council decides to provide an investment loan to Armenia and approves concepts of two projects in Kyrgyzstan
Moscow, 3 July 2014. The Council of the EurAsEC Anti-Crisis Fund (ACF) decided to provide a US $150 million investment loan to Armenia to finance the construction of the North-South Road Transport Corridor (Phase 4). The resolution was based on the approval by Eurasian Development Bank (EDB), as the ACF Resources Manager, of Armenia’s application for project finance from the Fund.
The ACF Council also approved EDB’s proposal to use the World Bank Procurement Policies in this project and to involve WB specialists in project monitoring.
In addition, the ACF Council approved concepts of two investment projects submitted by Kyrgyzstan and requested EDB to select and hire consultants to evaluate them.
The projects include the reconstruction of the Toktogul HPP, including the replacement of Units 2 and 4 with the replacement or repair of auxiliary systems and station equipment, and the commissioning of Unit 2 at Kambarata HPP 2.