Central Asia's electricity problem is much more acute

The Eurasian Development Bank knows how to solve the energy problem in Central Asia, reports said. The bank's new project will reduce electricity rates for consumers from $50 to $35.

It is also reported that it is planned to invest $11 billion in the Central Asian water-energy complex.

EDB is ready to sponsor the development of regional energy systems: the bank considered 93 projects totaling more than $63 billion.

In Central Asia, the problem of electricity is much more acute: in January, the region recorded a "Blackout". Power outages were observed in Kyrgyzstan, Kazakhstan and Uzbekistan.