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The European Bank for Reconstruction and
Development (EBRD) will allocate $75 million for the rehabilitation of the Toktogul hydropower plant (HPP) in Kyrgyzstan, Kyrgyz Telegraph Agency reported on September 13 citing the country's energy ministry.

During a meeting of Kyrgyz Minister of Energy and Industry Osmonbek Artykbayev and Head of the EBRD Resident Office in Bishkek, Larisa Manastirli, the sides discussed the possibility of the EBRD's involvement in co-financing the project on the rehabilitation of the Toktogul HPP where the Asian Development Bank (AD acts as the main donor.

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