How much does Kyrgyz energy project cost?
The project has a multi-phase programmatic approach with a financing envelope of $125.7 million over 10 years. The first phase of the project will focus on supporting the Kyrgyz Republic to increase hydropower generation and enable renewable energy integration by strengthening the country’s transmission systems.
How has Kyrgyzstan improved energy statistics data collection?
Kyrgyzstan has achieved great progress in strengthening energy statistics data collection through the INOGATE programme: the National Statistical Committee has submitted joint annual questionnaires to the IEA since 2014, and for 2015 the breakdown of natural gas consumption by sector had improved.
When will the Phase 1 project be implemented in Kyrgyz Republic?
The Phase 1 project will be implemented during 2024-2028 by the Ministry of Energy of the Kyrgyz Republic, in compliance with strict international standards including procurement and financial management regulations and anti-corruption guidelines.
How has the World Bank partnered with Kyrgyz Republic?
The 30-year partnership between the World Bank and the Kyrgyz Republic has brought about significant development gains in all major sectors of the economy through investments of $2.8 billion in 150 projects, technical assistance, and advisory and analytics.
What does the World Bank do in Kyrgyz Republic?
The World Bank’s overall mission in the Kyrgyz Republic is to reduce poverty and promote economic growth and shared prosperity.
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