Kambarata-1 HPP: Sustainable and Transformational Energy Project (WB-P509251)

Regions
  • Europe and Central Asia
Geographic location where the impacts of the investment may be experienced.
Countries
  • Kazakhstan
  • Kyrgyzstan
  • Uzbekistan
Geographic location where the impacts of the investment may be experienced.
Specific Location
Naryn river
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
  • World Bank (WB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Proposed
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."
Voting Date
Mar 30, 2027
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Borrower
Governments of Kazakhstan, Kyrgyzstan, Uzbekistan
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Energy
  • Hydropower
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Grant, Loan
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 765.00 million
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.
Loan Amount (USD)
$ 750.00 million
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.
Grant Amount (USD)
$ 15.00 million
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.
Project Cost (USD)
$ 4,000.00 million
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.
Primary Source

Original disclosure @ WB website

Updated in EWS Aug 25, 2026

Disclosed by Bank Jan 2, 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 World Bank, the project development objective is to operationalize the construction of Kambarata-1 HPP and strengthen regional cooperation in Central Asia. 

he Kambarata-1 HPP, currently under development, is a transformative greenfield hydropower project, emerged among the least-cost projects for expanding clean energy resources in the Kyrgyz Republic and the Central Asia region. The project is located upstream of the Naryn river in the Kyrgyz Republic. Although initially conceived during the Soviet Union era in the 1980s, construction never commenced due to a lack of financing, which is estimated at around US$4 billion.

In 2014, SNC Lavalin prepared a feasibility study for the project. Upon commissioning, the project will have an installed capacity of 1,880 MW (~50% of current installed capacity in the country), a 260-meter-high dam, 5.4 billion cubic meter reservoir, and 6 TWh annual generation. The project will serve as the main foundation of the country’s energy system, facilitating the decarbonization pathway and significantly improving water resource management in Central Asian region.

The Kambarata-1 HPP project could generate the following significant economic, social, and environmental benefits for the Kyrgyz Republic if it is developed in a sustainable manner. It will:

(i) support the government’s vision towards a green and affordable energy future;
(ii) achieve energy security by resolving the country’s winter energy deficits;
(iii) enable the energy security and political autonomy by avoiding reliance on imported energy, including from Russia;
(iv) significantly gear power generation toward meeting winter peak demand, thus fundamentally solving the country’s seasonal energy deficits;
(v) generate sustainable export revenues, thereby improving the sector financing performance;
(vi) enable the diversification of the country’s electricity mix through integration of solar and wind energy at scale;
(vii) strengthen the regional coordination; and
(viii) improve resilience to water related risks such as floods, droughts, and managed irrigation in the region.

International Energy Agency’s net-zero assessment also confirms the hydropower as the backbone of global electricity security and the most cost-effective, dispatchable, and flexible low-carbon technology option to integrate solar and wind.

Kamabarata-1 is a regional project in nature. With demand expected to grow by 30 percent by 2030, and almost triple by 2050, substantial scale-up of generation capacity is needed for the region to cater to its growing needs while supporting a clean energy transition. The project, if fully funded, would be transformative as it would contribute to meeting the growing energy demand and lower costs of energy transition in the Central Asia region, enhance energy security through the further development of the Central Asia regional power market and help decarbonize the electricity grids in the Central Asia region, which are currently highly dependent on coal and gas (above 70 percent) for power generation. The Bank’s regional planning analyses confirm that Kambarata-1 would displace gas and coal fired generation in the region and thus support the region low carbon development. In addition, the Kambarata-1 project will enable large-scale deployment of variable renewable energy in the Kyrgyz Republic, Kazakhstan, and Uzbekistan through its flexible and storage capacity, facilitating the decarbonization pathway in Central Asia. Furthermore, the Kamabarata-1 project would allow for better management of resources in Central Asia.

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

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.

World Bank Team Leaders:

Maksudjon Safarov - Senior Energy Specialist
Aleix Serrat Capdevila - Senior Water Resources Specialist

No contacts provided at the time of disclosure.

Implementing Agency - Ministry of Energy:

Nurlan Sadykov - Deputy Minister
Email: minenergo@mail.gov.kg 

ACCESS TO INFORMATION

To submit an information request for project information, you will have to create an account to access the Access to Information request form. You can learn more about this process at: https://www.worldbank.org/en/access-to-information/request-submission

ACCOUNTABILITY MECHANISM OF THE WORLD BANK

The World Bank Inspection Panel is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by a World Bank-financed project. If you submit a complaint to the Inspection Panel, they may investigate to assess whether the World Bank is following its own policies and procedures for preventing harm to people or the environment. You can contact the Inspection Panel or submit a complaint by emailing ipanel@worldbank.org. Information on how to file a complaint and a complaint request form are available at: https://www.inspectionpanel.org/how-to-file-complaint

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