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    02/12/2025, 16:57

    Debts instead of wind farm: Turkish company accuses Kyrgyz Wind System of breaching contract

    A domestic company owes more than $200,000 to a Turkish logistics company and is not responding to communication. Representatives of Miss Project International Heavy Transport contacted the Akchabar editorial office — the company was engaged in transporting wind turbines for the wind farm being built by Kyrgyz Wind Systems in Balykchy.

    In 2022, Kyrgyz Wind Systems announced the construction of the first wind farm near Balykchy. At the start of the project, the company actively sought attention by raising capital, publishing reports on the Kyrgyz Stock Exchange and placing paid articles in the media.

    In September 2024, the General Director of Kyrgyz Wind Systems, Asan Sadykov, even appeared on a local TV channel, showcasing the company's work: the film crew captured the delivery of the first turbine parts to the construction site. However, as the Akchabar editorial team discovered, the company began experiencing serious problems following the delivery of the first batch of equipment.

    In August 2024, Kyrgyz Wind Systems signed a contract with the Turkish logistics company Miss Project International Heavy Transport for the delivery of wind energy equipment from Turkey. The deal amounted to $137,4 thousand.

    The terms of the contract included:

    First shipment: 1 turbine tower (16 tons), delivery by the end of the week, payment — $30 thousand 65 + $859 for crane services.

    Second shipment: 2 turbine towers (16 and 30 tons), loading within 10 days, payment — $107 thousand 372 + $2 thousand 470 for crane services.

    "Our company loaded the first machine on August 2, 2024, and the remaining three trucks ten days later. According to the contract, after loading the last three machines, the client — the General Director of Kyrgyz Wind Systems, Asan Sadykov — was supposed to make daily payments of $10 thousand  for ten days," — Nazima Baltabay, a representative of the foreign company, explained in a letter.

    However, while there were no issues with the first machine, Kyrgyz Wind Systems stopped making payments afterward. Moreover, the client company stated that it would not make any payments until the entire cargo arrived, which, according to Nazima Baltabay, contradicts the terms of the contract and the general principles of payment in the transportation sector.

    "We wrote to and called Asan Sadykov every day, trying to find common ground and were ready for negotiations, but he did not respond, and then he even asked us not to contact him," — noted the representative of the logistics company.

    Meanwhile, the remaining goods were stored in a warehouse in Baku. Then, a representative of the General Director of Kyrgyz Wind Systems in Turkey contacted the logistics company. After negotiations, it was decided that Miss Project International Heavy Transport would send one machine at a time after payments were made. Subsequently, Kyrgyz Wind Systems paid $25,000, and one of the three machines in Baku left to Balykchy, while the other two remained awaiting further tranches.

    However, the story did not end there. After the first machine arrived at its destination, the local company stated that without the remaining cargo in Baku, the machine could not be cleared through customs.

    "We stated that we would not send the two remaining machines until we received payment. However, the General Director of Kyrgyz Wind Systems insisted on his position. A few days later, we learned from customs authorities that the machine in Balykchy had already been cleared through customs 15 days ago, and the client had no grounds for not unloading the cargo. We then asked Asan Sadykov to resolve the issue and unload our machine, but he refused," — the company explained.

    Thus, the machine belonging to the Turkish company was held in Kyrgyzstan for a month. This, in turn, led to additional costs and forced the carrier to violate the permitted duration of stay in the Republic. It was decided to unload the truck independently to avoid further expenses and complications.

    "We hired a crane and called law enforcement, but Asan Sadykov tried to prevent the unloading, claiming that it was his cargo. However, he had no right to detain a Turkish citizen or prevent the unloading of already cleared goods. Due to this situation, we filed a complaint with the consulate and the foreign trade department. Although no specific decision was made, our complaints were recorded in the archives," — the company noted.

    The situation was intervened by Kundus Kyrbasheva, who at that time was the director of the Green Energy Fund of Kyrgyzstan.

    "She asked us to wait and promised to personally look into the situation, but she never called or wrote back. I even sent a letter to the fund, but it went unanswered," — said the company's representative.

    Later, Kundus Kyrbasheva left her position as director of the Green Energy Fund, but no one from the fund contacted the company. Miss Project International Heavy Transport hired a lawyer and sent an official claim, but the letter did not reach Kyrgyz Wind Systems because the address listed in the registry of legal entities turned out to be invalid. The company's information and relevant documents have now been submitted to the Prosecutor's Office.

    It is worth noting that during this dispute, Kyrgyz Wind Systems' debt to the carrier reached $57.1 thousand, while the penalties for transport delays amounted to $146.2 thousand.

    "Akchabar" attempted to contact Kyrgyz Wind Systems, but the phone numbers listed in the registration documents at the Ministry of Justice are not functioning. Moreover, the company’s website is also down, and the latest report on the Kyrgyz Stock Exchange highlights uncertainties within the company.

    The company's financial report for the third quarter of 2024 shows a loss of 1.82 million KGS.  The company has zero gross profit. Additionally, other operating expenses exceeded revenue by 1.64 million KGS, while expenses on non-operating activities by 185 thousand KGS.


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