The Ministry of Economy and Commerce and the Eurasian Development Bank signed an agreement to provide technical assistance for the development of a pre-feasibility study (PFS) for the project “Construction of Suusamyr-Kokomereni HPP Cascade”. This agreement continues the cooperation between the parties under the Memorandum of Cooperation signed in December 2024.

Under the agreement, EDB will finance the development of a pre-feasibility study, which will be an important step towards the implementation of the investment project. The joint work of the bank, ministries and engaged consultants will determine the preliminary amount of capital costs, key technical solutions, as well as assess the environmental and social aspects of the project. In addition, state support measures necessary for its successful implementation will be determined.

Construction of the Suusamyr-Kokomeren HPP cascade with a capacity of 1.3 GW is of strategic importance for Kyrgyzstan. The project is aimed at increasing the country's energy capacity by utilizing the hydro potential of rivers, meeting the growing demand for electricity and reducing greenhouse gas emissions.

This project is part of the EDB megaproject “Water and Energy Complex of Central Asia” aimed at developing regional cooperation in the field of water and energy resources. Its implementation corresponds to the Bank's strategic priorities in Kyrgyzstan for 2022-2026, which include modernization of hydropower facilities and development of power transmission infrastructure.