EU Supports Kambarata-1 Hydropower Project
The European Union and its financial partners have announced new support for the Kambarata-1 hydropower plant in Kyrgyzstan.
This cooperation aims to expand renewable electricity generation, improve regional energy cooperation, and strengthen water security across Kyrgyzstan, Kazakhstan, and Uzbekistan.
- The EU, the European Investment Bank (EIB), and the European Bank for Reconstruction and Development (EBRD) signed a Memoranda of Understanding to advance the Kambarata-1 project.
- The EU and EIB formalized €900 million in agreements with Kyrgyzstan, Kazakhstan, and Uzbekistan.
- A feasibility study co-funded by the EU and implemented by the World Bank is also part of the project.
No specific quotes available in the given text.
Author's summary: EU supports Kambarata-1 hydropower project with €900 million agreements.
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