Kyrgyzstan holding talks with Turkmenistan on electricity import

Kyrgyzstan is holding talks with Turkmenistan on electricity supply, Head of the Kyrgyz National Energy Holding Aitmamat Nazarov said, Trend reports referring to Kyrgyz media outlets.

The similar negotiations are underway with Tajikistan and Kazakhstan, according to Tazabek news website.

"Kazakhs and Turkmen are ready to supply electricity, while the price and delivery period should be determined," Nazarov added. "Up to one billion kilowatt hours are planned to be imported in 2020."

Presently, Turkmen electricity is exported to neighboring Afghanistan and Iran. A project is underway to build a 500-kilovolt high-voltage power line in the direction of Turkmenistan-Afghanistan-Pakistan (TAP). The prospects of electricity supply to the markets of the Caucasian countries and Central Asian countries are explored.

Earlier it was reported that the total volume of electricity generated in Turkmenistan by 2024 is planned to be increased up to 33 billion kilowatt-hours, which exceeds the current figures by almost 30 percent.

The Asian Development Bank (ADB) allocated $500 million for an electric power project. A transmission line will be created within this project. This will increase the reliability of energy supply for both domestic consumers and neighboring countries importing electricity.