Kemin Balykchy Interconnection (EBRD-55367)

Regions
  • Europe and Central Asia
Geographic location where the impacts of the investment may be experienced.
Countries
  • Kyrgyzstan
Geographic location where the impacts of the investment may be experienced.
Specific Location
Northwestern part of Issyk Kul, Kemin, Balykchy town, Sarikamish village; Issyk Kul and Chui regions
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
Financial Institutions
  • European Bank for Reconstruction and Development (EBRD)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
A
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Borrower
Government of Kyrgyzstan
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Energy
  • Infrastructure
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
Not Disclosed
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Bank Documents
Primary Source

Original disclosure @ EBRD website

Updated in EWS Jul 23, 2025

Disclosed by Bank Jul 22, 2025

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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

As stated by the EBRD, the project consists of a sovereign loan to the Kyrgyz Republic, to be on-lent to the Joint-Stock Company National Electric Grid of Kyrgyz Republic (NEGK) to finance the construction of an approximate 53 km 500 kV overhead transmission line (OHTL) in Kyrgyz Republic between the existing Kemin substation (SS) in Chui region and a new substation named "Balykchy, SS", 6.4 km outside Balykchy city in the Issyk-Kul region.

The primary objective of the Project is to support evacuation of c.1 GW renewable energy power plants under development to the national power grid. Implementing the Project will also significantly improve the transmission networks' reliability, efficiency, stability, quality and security of the electricity supply.

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

Information on the investment amount not provided at the time of disclosure.

Private Actors Description
A Private Actor is a non-governmental body or entity that is the borrower or client of a development project, which can include corporations, private equity and banks. This describes the private actors and their roles in relation to the project, when private actor information is disclosed or has been further researched.

As stated by the EBRD, NEGK is the transmission and distribution systems operator, that owns and operates more than 10,000 km of power transmission lines of 110 kV and higher, as well as 190 substations with primary voltages of 500, 220 or 110 kV. NEGK is 98.63% owned by the state (65.3% by Ministry of Energy of Kyrgyz Republic and 33.33% by the Ministry of Finance of Kyrgyz Republic). The remaining 1.37% shares are owned by minority shareholders.

Private Actor 1 Private Actor 1 Role Private Actor 1 Sector Relation Private Actor 2 Private Actor 2 Role Private Actor 2 Sector
- - - - OJSC National Electric Grid of Kyrgyzstan Contractor Energy

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

Local Access to Project Documentation:

OJSC “National Electric Grid of Kyrgyzstan” -

Address: 326 Zhibek Zholu avenue, Bishkek, Kyrgyz Republic, 720070
Department of External Relations and Project Implementation
Email: 1piunegk@gmail.com
Phone: +996 312 67 03 19

EBRD Bishkek Resident Office -

Address: Business Centre Orion, 21 Erkindik Boulevard, 4th Floor, 720040 Bishkek, Kyrgyz Republic
Phone: +996 312 624 016

Team Leader -

Mr Bekboo Niyazov
Department of External Relations and Project Implementation
Email: 1piunegk@gmail.com
Phone: +996 312 67 03 19

ACCESS TO INFORMATION

You can request information by emailing: accessinfo@ebrd.com or by using this electronic form: https://www.ebrd.com/eform/information-request

ACCOUNTABILITY MECHANISM OF EBRD

The Project Complaint Mechanism (PCM) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an European Bank for Reconstruction and Development (EBRD)-financed project. If you submit a complaint to the PCM, it may assess compliance with EBRD's own policies and procedures to prevent harm to the environment or communities or it may assist you in resolving the problem that led to the complaint through a dialogue with those implementing the project. Additionally, the PCM has the authority to recommend a project be suspended in the event that harm is imminent.

You can contact the PCM at: pcm@ebrd.com or you can submit a complaint online using an online form at: http://www.ebrd.com/eform/pcm/complaint_form?language=en

You can learn more about the PCM and how to file a complaint at: http://www.ebrd.com/work-with-us/project-finance/project-complaint-mechanism.html

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How it works