PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

608895

Primary Business Area

Transaction Advisory

Disclosure Date

Jul 1, 2024

Country

Kyrgyz Republic

Region

Central Asia and Turkiye

IFC Approval Date

May 24, 2024

Status

Active

Estimated Total Budget

Estimated Total Budget Pending
(Project budget includes all project-funded activities)

Last Updated Date

Jul 2, 2024

Project Estimated Start Date

Jul 1, 2024

Project Estimated End Date

Project Estimated End Date Pending

Client Legal Name

MINISTRY OF ECONOMY OF THE KYRGYZ REPUBLIC ,MINISTRY OF ENERGY AND INDUSTRY OF THE KYRGYZ REPUBLIC

Project Description

IFC Advisory will assist the Kyrgyz Republic in attracting private sector participation to the power sector. The PPP contract(s) will include the design, construction, financing, and operation of up to two solar PV Plants with a combined capacity of up to 300MW. IFC will apply a two-phased transaction implementation approach. In Phase 1, IFC will carry out due diligence analysis of the project, assessment of investors’ interest, and the transaction structuring. In Phase 2, IFC will draft the tender documentation and support the Kyrgyz Republic with the implementation and conclusion of a competitive tender process. This is the second tender to be implemented as part of this Project which will, in total, cover up to 500 MW of solar capacity.

Development Results

E&S Risks / Impacts and Mitigation