Category: News
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World Bank Considers Loan for Tajikistan’s Rogun Hydropower Plant
Read More: World Bank Considers Loan for Tajikistan’s Rogun Hydropower PlantTajikistan’s Deputy Minister for Finance, Yusuf Majidi, has announced that the World Bank will consider financing the development of the Rogun hydroelectric power plant. According to him, the bank can allocate $650 million for this project in September this year. $250 million has been allocated as preferential loans; starting in 2025, the station’s construction will…
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Eurasian Development Fund: Funding for Rogun HPP Jeopardizes Other Projects
Read More: Eurasian Development Fund: Funding for Rogun HPP Jeopardizes Other ProjectsAccording to a report by the Eurasian Fund for Stabilization and Development (EFSD), the financing of the Rogun HPP is one of the main risks for Tajikistan’s budget and debt sustainability. The report states that the possible increase in the construction cost for the hydroelectric power plant may lead to reduction of financing to other…
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Tajikistan to export 70% of Rogun HPP electricity to Central Asia
Read More: Tajikistan to export 70% of Rogun HPP electricity to Central AsiaTajikistan’s Minister of Energy and Water Resources, Daler Juma, announced that approximately 70% of the electricity generated by the Rogun Hydroelectric Power Plant (HPP) will be exported to Central Asian countries once the plant reaches full capacity. This was revealed during a meeting of energy ministers from Shanghai Cooperation Organization (SCO) member states held in…
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Islamic Development Bank Supports Rogun HPP Project in Tajikistan
Read More: Islamic Development Bank Supports Rogun HPP Project in TajikistanNews agency Khovar has reported on the Islamic Development Bank (IDB) support in the construction of the Rogun Hydropower Plant (HPP) in Tajikistan. Dr. Muhammad Suleiman Al-Jasser, President of the IDB Group, announced this after a meeting with Tajik President, Emomali Rahmon. The meeting detailed Tajikistan’s history towards economic development and outlined the country’s priorities…
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Tajikistan allocates additional $5.5mn funding for Rogun HPP
Read More: Tajikistan allocates additional $5.5mn funding for Rogun HPPTajikistan has taken another step in advancing the construction of the Rogun Hydroelectric Power Plant (HPP) by allocating an additional 60 mn somoni (over $5.5 mn) to bolster the authorized capital of Rogun HPP. This decision was made on April 8 and published on the legal information portal of the Ministry of Justice, ASIA-Plus reported…
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Rogun hydropower plant nears completion amidst controversy
Read More: Rogun hydropower plant nears completion amidst controversyA delegation from the World Bank Group in March 2024 concluded their tour of Central Asia with a visit to the partially operable Rogun Hydropower Plant in Tajikistan, Geopolitical Monitor reported. The visit marked a milestone in the country’s project, which has faced challenges over the decades. The Rogun Dam, set to become the largest…
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Rogun hydropower plant threatens UNESCO recognized Tigrovaya Balka reserve
Read More: Rogun hydropower plant threatens UNESCO recognized Tigrovaya Balka reserveThe Tigrovaya Balka nature reserve, located on the Vakhsh River in Tajikistan, which gained international recognition from UNESCO last year, is at risk of losing its unique ecosystem due to the Rogun hydropower plant reservoir project, warn environmentalists. Numerous global environmental groups, led by the environmental alliance Rivers without Boundaries, have endorsed the Tigrovaya Balka…
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Most possible foreign investors for completion of construction of Rogun HPP named
Read More: Most possible foreign investors for completion of construction of Rogun HPP namedThe head of the State Committee on Investment and State-owned Property Management (GosKomInvest), Sulton Rahimzoda, has named government’s partners for development, which are interested in financing the completion of the construction of the Roghun hydropower plant. In a report released at a news conference that took place in Dushanbe on February 14, he named the…
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Tajikistan’s Rogun HPP construction requires $6.2 bn for completion
Read More: Tajikistan’s Rogun HPP construction requires $6.2 bn for completionTajikistan’s Energy Minister, Daler Juma, revealed at a press conference, on February 1, that an annual allocation of approximately $1 bn is directed towards financing the construction of the Rogun hydroelectric power station. The project, touted as a key infrastructure initiative, is estimated to require a total of $6.2 bn for its completion, according to…
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Watchdog group pushes for fresh impact study on Tajikistan megaproject
Read More: Watchdog group pushes for fresh impact study on Tajikistan megaprojectA watchdog coalition is alleging that international lenders are indifferent to Tajik government efforts aimed at stifling public debate over the environmental impact of the massive Roghun Dam project. In an open letter sent to top World Bank (WB) representatives, the watchdog coalition calls on the WB-led Roghun Coordination Group of international finance organizations to…
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