Kyrgyzstan has declared a three-year energy emergency and signed an investment agreement with a Chinese consortium for a $2.4 billion-$3 billion hydropower project along the Naryn River.
that proper development of the area could provide a major source of export revenue for Kyrgyzstan, which could then sell extra electricity to its neighbors in Central and South Asia as well as China.
As former Energy Minister Doskul Bekmurzaev -- who was removed from office after an abuse-of-power scandal last year -- toldin an August 2022 interview, Kyrgyzstan's long-term strategy is to increase its power-generation abilities in order to gain a surplus that can be sold next-door in the Chinese market.
Bishkek-based energy expert Batyrkul Baetov says there is little doubt the project would be a major contributor toward reversing the current energy emergency in the country, but he also harbors doubts about it coming to fruition."Kyrgyzstan is dependent on foreign investors and foreign policy will play a large role in whether the contract is concluded properly and if the correct labor agreement is reached," he told RFE/RL.
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