Our Project Portfolio
40 Capital’s projects are structured through individual SPVs, and clustered geographically to
reduce construction risk and improve execution efficiency.
- Completed Projects
- Projects Under Construction
- Upcoming Projects (Pipeline)
Aksy Hydropower Project
- Capacity: 4.8 MW
- Location: Jalal-Abad Region, Kyrgyzstan
- Investment: USD 6.5m
- Status: Commissioned
- Generation: 24m kWh per year
- Homes powered: 3,000
- CO₂ removed: 25,400t per year
Issyk-Ata Hydropower Project
- Capacity: 2 MW
- Location: Chui Region, Kyrgyzstan
- Investment: USD 2.4m
- Status: Commissioned
- Generation: 9m kWh per year
- Homes powered: 1,125
- CO₂ removed: 9,600t per year
Issyk-Ata 2 Hydropower Project
- Capacity: 4 MW
- Location: Chui Region, Kyrgyzstan
- Investment: USD 4.2m
- Status: Commissioned
- Generation: 18m kWh per year
- Homes powered: 2,250
- CO₂ removed: 19,200t per year
These projects are all run-of-river facilities, designed to international standards with minimal environmental impact. Their completion demonstrates our ability to take assets from development through construction and into operation, with a construction period of just 12 months.
Chon Jargylchak Hydropower Project
- Capacity: 10 MW
- Location: Issyk-Kul Region, Kyrgyzstan
- Investment: USD 10m
- Status: Under construction
- Generation: 44.6m kWh per year
- Homes powered: 5,625
- CO₂ removed: 47,615t per year
Kitchi Jargylchak Hydropower Project
- Capacity: 7 MW
- Location: Issyk-Kul Region, Kyrgyzstan
- Investment: USD 7.5m
- Status: Under construction
- Generation: 29m kWh per year
- Homes powered: 3,125
- CO₂ removed: 26,458t per year
Aksy 2 Hydropower Project
- Capacity: 7 MW
- Location: Jalal-Abad Region, Kyrgyzstan
- Investment: USD 8m
- Status: Under construction
- Generation: 33m kWh per year
- Homes powered: 4,060
- CO₂ removed: 34,300t per year
Kemin Hydropower Project
- Capacity: 7.5 MW
- Location: Chui Region, Kyrgyzstan
- Investment: USD 11m
- Status: Under construction
- Generation: 44m kWh per year
- Homes powered: 5,500
- CO₂ removed: 46,000t per year
40 Capital has an additional 100 MW of hydropower projects under development, including 7.9 MW expected to enter construction in Q1 2026. Beyond this, the company has a further 125 MW pipeline at advanced stages of development.
Operating across all major regions of Kyrgyzstan, 40 Capital is now actively expanding its platform into Tajikistan.