NTPC’s green energy arm eyes USD 1.2bn from Indian IPO
Sep 19, 2024 11:52 CESTRussian nuclear energy corporation Rosatom has officially started work related to the construction of what will become the Kyrgyz Republic’s first wind farm, a 100-MW project in the country’s Issyk-Kul region.
The Russian group has laid a time capsule for the power plant’s construction at a ceremony attended by the Prime Minister of Kyrgyzstan, Akylbek Zhaparov, and Russia’s Deputy Prime Minister Alexei Overchuk. According to its press statement on Friday, wind measurements have already been initiated and construction works are slated to begin next year.
To be installed in the village of Kok Moinok-Pervoe, the wind park is due to be commissioned at end-2026.
The project, to be executed by Rosatom’s subsidiary NovaWind Kyrgyzstan, marks the expansion of Russia and Kyrgyzstan’s cooperation in the energy field. The scheme will receive funding from the Russian-Kyrgyz Development Fund, the Russian government said separately. A Letter of Intent (LoI) between the Fund and NovaWind for the plant’s development and construction was sealed last October.
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