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BMI View: An ageing electricity grid network and lack of new capacity coming online means Kyrgyzstan's
power sector will remain vulnerable to cuts and losses over our 10-year forecast period. Hydropower will
remain the dominant source of power generation owing to continued focus on increasing hydropower
capacity. Lack of diversification and insufficient funding for planned hydropower projects means power
generation growth will remain stagnant up until 2025.
Latest Updates And Structural Trends
- The Kyrgyz government has stated that the fate of the Kambarata-1 and Upper Naryn hydropower plants
will be decided on between October and November.
- There is reportedly interest from China, United Arab Emirates (UAE) and Japan in constructing the
hydropower projects. We await a firm decision from the government as well as more concrete evidence
that the projects will go ahead before including it in our forecasts.
- The Central Asia - South Asia - 1000 (CASA - 1000) power line has reportedly received renewed
investor interest from Russia and Turkmenistan, with the wish of exporting electricity to Pakistan.
- The CASA-1000 line will also reportedly no longer be constructed through Afghanistan, but instead
alternative routes are being considered due to a lack of demand as well as security issues within the