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Where Russia retreats China steps in

Where Russia retreats China steps in published on

When in December last year President of Kyrgyzstan Almazbek Atambayev announced intention to cancel the deal with Russia to build two hydropower plants Kambarata-1 and Kambarata-2 and the upper Naryn cascade he also said that government would find another investor to complete the project. Experts without hesitation pointed out at China as a viable option and it looks like they were not mistaken. This week deputy Prime Minister Oleg Pankratov met with the representatives of China’s State Power Investment Corporation to discuss the construction of cascade in Kazarman and four hydropower stations: in Alabuga, Toguz-Toro and two in Kara-bulun with total capacity 1160MW. Chinese company expressed interest in projects and hope that all necessary documents will be produced soon.

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