Kyrgyzstan plans to construct 20 mini hydropower plants with assistance of Malaysia in 3-5 years, press service of the Kyrgyz Foreign Ministry reported.
The construction is detailed in framework agreement, signed between the board of directors of small and medium Kyrgyz energy sector development program and a Malaysian company Seloga Holdings in Kuala Lumpur. The sides reached agreement over establishment of a joint enterprise. The project was supported by the Malaysian External Trade Development Corporation.
As to Samsudin Bin Abu Hassan, executive director of Seloga Holdings, value of the joint project reaches $300 million, while the total power of 20 planned mini plants will come to 240 megawatt.
A group of Malaysian specialist will reportedly arrive in Kyrgyzstan in the nearest future to work out a business plan on construction of mini hydropower plants at selected areas.
