Naryn, July 19 / Kabar /. The construction of the Upper Naryn cascade of HPPs may begin in October this year, director of the project for the construction of Liglass Trading CZ, SRO Erzhi Vaitsikhovski.told during the briefing on Tuesday.
He said that up to 3 months they will need to update the feasibility study.
"We will pay Kyrgyzstan's debt to the Russian side amounting of $ 37 million. Then the process of registration of shares will begin. When we finish it will be necessary to lay in the authorized capital up to 25% of the investment amount, this is approximately $ 57-60 million. We believe that if the feasibility study is agreed, then the work will begin in October," he said.
Vaitsikhovski said that the construction will take 4 years.
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