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The Asian Development Bank (ADB) has approved a $100 million financing package to modernize aging equipment and improve power generation capacity at the Uch-Kurgan hydropower plant (HPP), the oldest of the six HPPs installed along the Naryn River cascade in the Kyrgyz Republic. ADB’s assistance, comprised of a $60 million loan and a $40 million […]
The first phase of the Nurek Rehabilitation Project, co-financed by the World Bank, was officially launched today by the President of the Republic of Tajikistan, Emomali Rahmon, and the World Bank’s Director of Strategy and Operations for Europe and Central Asia, Mariam Sherman. Key representatives from the Government of Tajikistan, the World Bank, the Asian […]
Former Soviet Union country, Uzbekistan is turning to nuclear energy to power its economy as the landlocked country has an abundance of uranium and big economic ambitions. As the energy demand and population of the country continue to rise, a nuclear energy law has been approved recently by the members of the Lower House of […]
The last two weeks in Tajikistan have brought reports of power blackouts in the regions, indicating that the recent commissioning of a generating unit at a huge hydropower project is not yet yielding dividends. As Asia-Plus newspaper reported on March 14, the majority of regions in Tajikistan have seen rationing of electricity between midnight and […]
The Serbian government will work together with the Republika Srpska on the construction of three hydropower plants on the upper Drina river. Speaking after a joint session of the Serbian government and the government of the Republika Srpska, an autonomous entity of Bosnia and Herzegovina, Serbian Prime Minister Ana Brnabić said that “both sides need […]
