Moscow, November 21, 2007.  The Tender Committee for development of the investments substantiation for the project of construction of Kambaratinsk HPP-1 and HPP-2 in the Kyrgyz Republic held a meeting in Moscow on November 20, during which the envelopes with tender applications were opened.

Tender applications were submitted by the UK's Mott MacDonald Limited, Canada's SNC-LAVALIN INTERNATIONAL INC., and EDF together with PriceWaterHouseCoopers.

After the envelopes were opened in the presence of invited persons, the Tender Committee took into consideration all the received applications.

The Committee is planning to summarize the results of consideration procedure in mid-December 2007.

The tendering procedure for development of the investments substantiation for Kambaratinsk HPP-1 and HPP-2 construction project is being held in compliance with the resolutions passed at the intergovernmental level by Russia, Kazakhstan and Kyrgyzstan. To organize it, a simple partnership was set up, to comprise JSC INTER RAO UES (Russian Federation), OJSC Elektricheskiye Stantsii (Kyrgyz Republic), and JSC KazKuat (Republic of Kazakhstan). Under the arrangement, JSC INTER RAO UES represents the entire holding RAO UES of Russia and performs the functions of the tender organizer.

According to the project, Kambaratinsk HPP-1, located at the Karabash dam site on the Naryn River, will be the largest facility of the entire Kambaratinsk HPP complex. The station's design capacity is 1900 MW; the forecast annual output of electric power is 5.1 bln kWh.

Kambaratinsk HPP-2 is part of the hydroelectric power plants cascade in the middle reaches of the Naryn River. The station's installed capacity is 240-360 MW depending on the number and capacity of the units installed. The forecast yearly output of electric power is 1050-1148 mln kWh.

The construction of Kambaratinsk HPP facilities was launched in 1986. To date, Kambaratinsk HPP-2 is completed to about 40 per cent of the total scope of construction and installation work.