A key parliamentary committee in Kyrgyzstan has approved the ratification of a 50 million dollar loan agreement with the Eurasian Fund for Stabilization and Development to finance a new spillway at the Kambarata-2 hydroelectric plant.
Deputy Energy Minister Salavat Sadyrakunov presented the agreement to the fuel and energy complex committee following its signing in Bishkek. Under the terms of the deal, the funds will be provided over a 20-year maturity period at an interest rate not exceeding one percent annually, including a five-year grace period. Construction work at the facility is scheduled to take place between 2027 and 2030.
The project addresses critical flood management constraints at the site. The plant can currently discharge water only through its single operational turbine unit and a construction-operational spillway, providing a standard combined discharge capacity of 2,500 cubic meters per second and up to 2,600 cubic meters under forced conditions. During peak high-water periods, estimated maximum flood volumes can reach 3,210 cubic meters per second, exceeding current infrastructure limits and creating operational risks for the dam.
The planned upper spillway will provide an additional discharge capacity of 1,110 cubic meters per second, preventing potential overtopping and structural damage during major seasonal floods. Engineering documentation for the spillway was completed by the Hydroproject institute in 2018 and received state expert approval in 2020.
Following unanimous approval by the energy committee, the ratification bill has moved to the parliamentary committee on international affairs and security ahead of an initial reading before the full legislature.
