The Asian Development Bank has approved a US$50.65 million financing package to help the Kyrgyz Republic buy electric buses for its capital city Bishkek. The Urban Transport Electrification Project, which comprises a US$25 million loan, a US$25 million grant, and US$650,000 in co-financing from the High-Level Technology Fund, will finance the purchase of 120 battery-electric buses that will replace outdated diesel and trolleybuses.