The State Financial Holding will act as a guarantor for a $25 million loan for the construction of the "Dzheryui" Hydroelectric Power Station.

Наталья Маркова Economy
VK X OK WhatsApp Telegram
- The joint-stock company "State Financial Holding" has made a decision to provide a guarantee for the obligations of LLC "Alliance Hydro" to the Russian-Kyrgyz Development Fund in the amount of $25 million.

According to the Kyrgyz Stock Exchange, these funds will be used to implement the construction project of the small hydropower plant "Djeruy," which will have a capacity of 24 MW and will be located in the Talas region.

Additionally, the board of JSC "State Financial Holding" has been instructed to take the necessary steps to execute the order of the Cabinet of Ministers of the Kyrgyz Republic, adopted on November 5, 2025, under number 941-r.

This decision was made at a shareholders' meeting held on January 15, 2026.

The text of the order is available to subscribers of the Tazabek publication.

Reference Information

According to the data from the Ministry of Justice of the Kyrgyz Republic, the chairman of JSC "State Financial Holding" is Doolebekov Eldiyar Beyshenalievich, and the founder is the Ministry of Finance of the Kyrgyz Republic. The main activity includes providing loans. Date of re-registration: 19.11.2025.

LLC "Alliance Hydro" is headed by Moldousupov Bakyt Esenalievich. The founders of this company include LLC "Bekmoldo Service" [among the founders of LLC "Alliance Altyn," as well as Kurmanbaeva Asel Shailoobekovna and Jumabaev Talant Shaibekovich]. The area of activity includes electricity production using hydropower plants.
VK X OK WhatsApp Telegram

Read also: