Kyrgyz parliamentary committee backs $50m EFSD loan for Kambar-Ata HPP-2 spillway

On 19 October, the Jogorku Kenesh committee on industrial policy, fuel and energy, architecture and construction approved a bill to ratify a loan agreement between Kyrgyzstan and the Eurasian Fund for Stabilization and Development. The $50 million loan, signed on 16 July 2026 in Bishkek, will fund an upper spillway at the Kambar-Ata HPP-2.

Deputy Energy Minister Salavat Sadyrakunov said the loan runs for 20 years, including a five-year grace period, at an interest rate of no more than 1% a year. The project is planned for 2027–2030 and aims to keep the station safe and protect its structures from disasters during high-water periods.

The plant can currently discharge water only through its construction-operation spillway and first hydro unit, with capacities of 2,500 to 2,600 cubic metres per second. Passing the maximum flood of 3,210 cubic metres per second requires an extra spillway with capacity of 1,110 cubic metres per second. The committee unanimously recommended adoption in first reading.