Flagship investment projects
Construction of the Kambarata HPP-1 (Kyrgyzstan)
Capacity: 1.86 GW
Timeline: construction is scheduled to kick off in 2025. Completion of construction – 2030-2032. Commissioning is scheduled for 2028
Investment: over $2.5 billion
Project initiator: Electric Power Plants
The HPP will consist of 4 hydro units. The reservoir capacity is 6 billion cubic meters. It was planned that the implementation of the project would allow Kyrgyzstan to stop importing electricity. In April 2024, Astana, Bishkek, and Tashkent announced their intentions to establish a joint venture for the construction of the plant. In June, Kazakhstan, Kyrgyzstan, and Uzbekistan signed an agreement to prepare the infrastructure facility for construction. In accordance with the document, a coordination donor committee was established, bringing together representatives of international financial organisations, including the Asian Development Bank and the World Bank. The Kambarata HPP-1 could become the largest source of electricity in Central Asia.
Timeline: construction is scheduled to kick off in 2025. Completion of construction – 2030-2032. Commissioning is scheduled for 2028
Investment: over $2.5 billion
Project initiator: Electric Power Plants
The HPP will consist of 4 hydro units. The reservoir capacity is 6 billion cubic meters. It was planned that the implementation of the project would allow Kyrgyzstan to stop importing electricity. In April 2024, Astana, Bishkek, and Tashkent announced their intentions to establish a joint venture for the construction of the plant. In June, Kazakhstan, Kyrgyzstan, and Uzbekistan signed an agreement to prepare the infrastructure facility for construction. In accordance with the document, a coordination donor committee was established, bringing together representatives of international financial organisations, including the Asian Development Bank and the World Bank. The Kambarata HPP-1 could become the largest source of electricity in Central Asia.
Construction of the Kazarman HPP Cascade on the Naryn River (Kyrgyzstan)
Capacity: 1.16 GW
Timeline: 2030
Investment: $3 billion
Project initiator: The Ministry of Energy of the Kyrgyz Republic
The cascade will include four hydroelectric power plants: Ala-Buga HPP (600 megawatts), Kara-Bulun HPP-1 (149 megawatts), Kara-Bulun HPP-2 (163 megawatts), and Toguz-Toro HPP (248 megawatts). The investors and developers of the project are a consortium of China’s largest companies: PowerChina Northwest Engineering Corporation Ltd, Green Gold Energy (GGE), and China Railway 20th Bureau Group Co Ltd.
Timeline: 2030
Investment: $3 billion
Project initiator: The Ministry of Energy of the Kyrgyz Republic
The cascade will include four hydroelectric power plants: Ala-Buga HPP (600 megawatts), Kara-Bulun HPP-1 (149 megawatts), Kara-Bulun HPP-2 (163 megawatts), and Toguz-Toro HPP (248 megawatts). The investors and developers of the project are a consortium of China’s largest companies: PowerChina Northwest Engineering Corporation Ltd, Green Gold Energy (GGE), and China Railway 20th Bureau Group Co Ltd.
Cascade of 6 HPPs on the Sary-Jaz River (Kyrgyzstan)
Capacity: 1100 MW
Timeline: construction is scheduled to take 5-6 years
Project initiator: The Ministry of Energy of the Kyrgyz Republic
The plan for the construction of six hydropower plants on the cross-border Sary-Jaz River (which flows through Kyrgyzstan and into China) was developed back in 1982–1987. During the years of the republic’s independence, work on its implementation was suspended, but now it has been decided to resume it. The government of Kyrgyzstan has signed a memorandum of intent to cooperate with the Chinese company TBEA on the construction of a cascade of hydropower plants on the Sary-Jaz River.
Timeline: construction is scheduled to take 5-6 years
Project initiator: The Ministry of Energy of the Kyrgyz Republic
The plan for the construction of six hydropower plants on the cross-border Sary-Jaz River (which flows through Kyrgyzstan and into China) was developed back in 1982–1987. During the years of the republic’s independence, work on its implementation was suspended, but now it has been decided to resume it. The government of Kyrgyzstan has signed a memorandum of intent to cooperate with the Chinese company TBEA on the construction of a cascade of hydropower plants on the Sary-Jaz River.
Construction of 3 HPPs on the Pskem River (Uzbekistan)
Capacity: Pskem HPP – 400 MW, Mullalak HPP – 240 MW, Upper Pskem HPP – 200 MW
Timeline: before 2030
Investment: over $800 million
Project initiator: Uzbekhydroenergo
On the Pskem River, the construction of three hydropower plants is planned: the Pskem HPP, the Mullalak HPP, and the Upper Pskem HPP. An agreement for the supply of equipment for the project has been reached with General Electric. Additionally, in December 2018, an agreement was reached with RusHydro for the joint development of the feasibility study for the construction projects of the Mullalak and Upper Pskem HPPs, including the execution of design and survey work and scientific research.
Timeline: before 2030
Investment: over $800 million
Project initiator: Uzbekhydroenergo
On the Pskem River, the construction of three hydropower plants is planned: the Pskem HPP, the Mullalak HPP, and the Upper Pskem HPP. An agreement for the supply of equipment for the project has been reached with General Electric. Additionally, in December 2018, an agreement was reached with RusHydro for the joint development of the feasibility study for the construction projects of the Mullalak and Upper Pskem HPPs, including the execution of design and survey work and scientific research.
Semipalatinsk HPP (Kazakhstan)
Capacity: 300 MW
Timeline: 2030
Project initiator: Samruk-Energy
The Semipalatinsk Hydropower Plant will serve as a counter-regulator for the existing Shulbinskaya Hydropower Plant, meaning it will be located downstream on the Irtysh River from the latter. The plant will participate in covering both base and peak loads (during peak consumption periods, which typically occur in the evening hours).
Timeline: 2030
Project initiator: Samruk-Energy
The Semipalatinsk Hydropower Plant will serve as a counter-regulator for the existing Shulbinskaya Hydropower Plant, meaning it will be located downstream on the Irtysh River from the latter. The plant will participate in covering both base and peak loads (during peak consumption periods, which typically occur in the evening hours).
Construction of the Rogun HPP (Tajikistan)
Capacity: 3600 MW
Timeline: 2031
Investment: over $6 billion
Project initiator: Barqi-Tojik
The project includes the construction of a hydropower plant on the Vakhsh River. The hydropower plant is part of the Vakhsh cascade and serves as its upper tier. The dam of the hydropower plant will be 335 meters high, making it the tallest in the world.
Timeline: 2031
Investment: over $6 billion
Project initiator: Barqi-Tojik
The project includes the construction of a hydropower plant on the Vakhsh River. The hydropower plant is part of the Vakhsh cascade and serves as its upper tier. The dam of the hydropower plant will be 335 meters high, making it the tallest in the world.
