Hydropower sector is considered to be a strategic industry forming the basis of the Kyrgyz economy and its export capacity. This sector is not able for the complex structure and low competition among its stakeholders since the State has an actual monopoly on generation, transmission, distribution and sale of electricity.
Despite a quite extensive regulatory framework of the hydropower sector, thereare material gaps in legislation, which prevent further development of the hydropower industry and its existing resources. In this respect, the role of the professional legal advice tailored to fit the specific needs of this sector is very important. Kalikova & Associates has a solid experience advising clients on development and financing of hydropower projects in the Kyrgyz Republic and providing them with on going legal assistance.
Our experience in this area includes advising the large, medium and small HPPs and electric networks planning and construction joint venture projectsand providing legal services to facilitate electricity purchase, transmission, distribution and export transactions.
We advise our clients on government pricing, licensing, authorization, and antitrust policies. Among our clients are the leading Russian, European, and American energy companies as well as the companies providing the financing of hydropower projects in the Kyrgyz Republic.