Month: April 2024
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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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Eurasian Development Bank to finance Rogun HPP construction in Tajikistan
Read More: Eurasian Development Bank to finance Rogun HPP construction in TajikistanThe Eurasian Development Bank (EDB) has declared its intention to participate in the financing of the Rogun Hydroelectric Power Plant (HPP) construction project in Tajikistan in 2024. Nikolai Podguzov, Chairman of the Board of the EDB, announced this at a press conference in Almaty. Describing the Rogun HPP as a pivotal and large-scale project for…
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Tajikistan secures $100mn Saudi funding for Roghun HPP
Read More: Tajikistan secures $100mn Saudi funding for Roghun HPPThe Government of Tajikistan and the Government of the Kingdom of Saudi Arabia, represented by the Saudi Fund for Development (SFD), signed a loan agreement on December 4, allocating $100mn for the completion of the Roghun hydropower plant, SFD reported. The loan agreement was signed by Faiziddin Qahhorzoda, Tajikistan’s Minister of Finance, and Sultan Abdurahman…
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Tajikistan allocates $460mn for Rogun Hydroelectric Power Plant construction
Read More: Tajikistan allocates $460mn for Rogun Hydroelectric Power Plant constructionThe government of Tajikistan is set to allocate approximately TJS 5bn (around $460mn) for the construction of the Rogun Hydroelectric Power Plant (HPP) in 2024. Faiziddin Qahkhorzade, the Minister of Finance, made this announcement during the presentation of the draft law on the state budget of the republic for 2024 to the deputies of the…
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EDB considering allocating resources to Tajikistan’s Rogun hydropower mega project
Read More: EDB considering allocating resources to Tajikistan’s Rogun hydropower mega projectThe Eurasian Development Bank (EDB) would like to be able to allocate resources to Tajikistan’s multi-billion-dollar Rogun hydropower mega project but whether it will do so is not yet decided, according to comments from Nikolai Podguzov, chairman of the multilateral lender’s board. Podguzov was reported by Asia-Plus on November 20 as saying that the EDB…
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Asian Development Bank (3) Asian Infrastructure Investment Bank (6) Eurasian Development Bank (2) European Investment Bank (2) International Development Association (1) Islamic Development Bank (2) OPEC Fund for International Development (2) resettlement (1) Saudi Fund for Development (4) World Bank (11)