EDB will finance the construction of the spillway of the Kambar-Ata HPP-2
Kyrgyzstan plans to take a loan of $ 50 million from the Eurasian Development Bank (EDB) for a period of 20 years, of which 5 years will be a grace period, and the remaining 15 years will be a repayment period with interest. This was stated by MP Dastan Bekeshev.
According to him, the interest rate will be 1% per annum, however, at the very beginning, 0.5% of the commission will be deducted from the loan amount, that is, 250 thousand dollars.
“We will only finance the part that we will exempt from taxes, other fees and so on,” the deputy explained.
The loan is not intended to increase energy capacity, but to build a surface discharge at the Kambar-Ata HPP-2. As Bekeshev emphasized, the project is aimed at strengthening the dam and ensuring the safe operation of the facility: “We will have to take a loan in order to strengthen the dam and operate it reliably and safely.”
Kaktus.media
