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The Eurasian Bank has presented a plan to reduce the energy generation needs of the Central Asian countries

November 17, 2022 | 15:00 |3858
The Eurasian Development Bank has presented the best option for the development of the Central Asian energy system, which will help reduce the need for investments in the region's water and energy complex by $11 billion and slow down the increase in the average tariff for consumers from 50% to 35%.The Eurasian Development Bank has presented the best option for the development of the Central Asian energy system, which will help reduce the need for investments in the region's water and energy complex by $11 billion and slow down the increase in the average tariff for consumers from 50% to 35%.
Source:

The Eurasian Development Bank has presented the best option for the development of the Central Asian energy system, which will help reduce the need for investments in the region's water and energy complex by $11 billion and slow down the increase in the average tariff for consumers from 50% to 35%.

This is reported by the official website of the bank following the results of the II Almaty Energy Forum.

As stated, the EDB is ready to participate in the financing of key investment projects in the water and energy complex of Central Asia, including as part of syndicates and consortia, as well as to contribute to the formation of a common energy market in the region.

The bank also considered about 93 projects in the field of generation and network complex totaling $63 billion.

The presented project, which is one of the largest in the framework of the development of the water and energy complex of the Central Asian countries, will reduce the demand for installed capacity in the region from 84 GW to 74.8 GW of energy.

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Photo: eabr.org

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