CA Water Info
Home Send e-mail Site's map Feedback Search
News Events Sites Database Knowledge Base Forum

News: February 2009

PIERRE MOREL: EU FINANCIAL INSTITUTIONS ARE READY TO FUND HYDRO ENERGY PROJECTS IN KYRGYZSTAN AND TAJIKISTAN

Financial institutions of the European Union are ready to fund good projects in hydro energy area of Kyrgyzstan and Tajikistan, Pierre Morel, Special Representative of EU in Central Asia told the journalists at todays briefing in Bishkek.

Speaking about Central Asia, gas and oil issues come first to the mind of Europeans, however hydro energy plays as an important role as latter, especially if to take into account the problems of Kyrgyzstan and Tajikistan, he said.

As P. Morel assumes the problems of hydro energy development in CA should be considered together with water management, development of oil and gas market and price policy.

He thinks construction of 42 small and medium HPS is a very interesting and important project and expressed satisfaction about by refusal of the KR from Soviet practice of big dams. Building a number of small and medium-sized HPS on Naryn River, the project which he discussed with the PM of Kyrgyzstan and the leadership of KR Ministry of Industry and Energy is considered very prospective in Europe

Source: CARNet, 23.02.2009