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China prepared to invest in Kyrgyzstan's power sector

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BISHKEK, August 2 (RIA Novosti) - China's electricity monopoly is interested in building electric power stations in the Central Asian republic of Kyrgyzstan, the press office of a state-run Kyrgyz power company said Wednesday.

Kyrgyzstan's Electric Stations Company issued the statement after jointly signing a letter of intent on long-term cooperation with the State Grid Corporation of China (SGCC).

The letter was also signed by the National Electric Grid of Kyrgyzstan.

A delegation of Chinese electricity operators visited Kyrgyzstan from July 27 through August 2 to study the prospects of boosting electricity supplies to energy-hungry China.

The Chinese investors showed an interest in the Sarydzhaz and Kambarat hydropower stations, the construction of an electricity transmission line in Kashgar, coal-firing thermal power stations, and the modernization of the Uchkurgan hydropower plant and the Bishkek heat and power plant, the press office said.

The Chinese delegation also met with Kyrgyz vice-premier Daniyar Usenov and secured support for the projects at the state level.

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