Stock Photo - Punch and area of the Czech company Liglass Trading in Lisny, near Zelezny Brod, Czech Republic, on July 18, 2017. The Czech Presidential Office is not surprised at the information that Kyrgyz bodies are checking the alleged incompetence of the Czech Liglass Trading firm to build an energy cascade in view of the hysteria unleashed by Czech media, spokesman Jiri Ovcacek has told Czech News Agency. Liglass Trading, seated near Zelezny Brod, north Bohemia, signed a contract for the construction and operation of two hydroelectric plants and the construction of ten smaller hydroelectric units in Kyrgyzstan last week. The costs of the Akbulun and Naryn 1 plants were estimated at 400 to 700 million dollars. The Czech firm is also to spend about 37 million dollars on the purchase of the stake of the RusGidro Russian firm in the ZAO Verchne-Narynskiye GES company that is in charge of the project.According to Czech press information, Liglass is not known in the business field in the Czech Republic and not even the foreign affairs and industry ministries have any knowledge of it. It is allegedly in charge of a project worth hundreds of millions of dollars, while its turnover has been in the order of hundreds of thousands of crowns by now. (CTK Photo/Radek Petrasek)