Kazakhstan to invest in solar power plant construction in Kyrgyzstan

The National Investments Agency under the President of Kyrgyzstan and the Kyrgyz-Kazakh joint venture “Kun Bulagy” signed a memorandum of mutual understanding on the solar power plant construction project in Kyrgyzstan, Turanews.kz reports.

The memorandum will lay the groundwork for signing a direct investment agreement between Kyrgyzstan and investors represented by Kun BUlagy.

The 50 MW solar power station worth 35 million dollars will be built by Kazakh investors in Issyk-Kul region in Toru Aigyr village.