Kyrgyzstan to receive $110 million loan for Kambarata hydro plant 2
- Written by TCA
BISHKEK (TCA) — Eurasian Development Bank (EDB), as the Resources Manager of the Eurasian Fund for Stabilisation and Development (EFSD), and the Kyrgyz Republic have signed an investment credit agreement for US $110 million to be provided by the EFSD to finance the commissioning of Unit 2 at Kambarata hydropower plant (HPP) 2. The document was signed by Dmitry Pankin, Chairman of the Management Board at EDB, and Adylbek Kasymaliyev, Kyrgyzstan’s Minister of Finance, EDB said on March 13.