Month: July 2024
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Saudi Arabia ready to provide US$100 million for completion of construction of Roghun HPP
Read More: Saudi Arabia ready to provide US$100 million for completion of construction of Roghun HPPThe Saudi Fund for Development (SFD) has announced its readiness to provide a concessional loan of 375 million riyals (equivalent to 100 million US dollars) for completion of the construction of the Roghun hydroelectric power plant (HPP) in Tajikistan. Thus, SFD becomes the first among the world development funds to express a desire to finance…
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15 thousand residents were evacuated from the flooding zone of the Rogun HPP in Tajikistan
Read More: 15 thousand residents were evacuated from the flooding zone of the Rogun HPP in TajikistanOver the past 11 years, in order to evacuate the population from the flooded area of the Rogun HPP, 3211 families have been provided with household plots of land, about 15,000 people have been transported and are currently living in new dwellings. This was stated by Emomali Rahmon at a meeting with the construction team…
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World Bank: Tajikistan can become significant supplier of sustainable energy in Central Asia
Read More: World Bank: Tajikistan can become significant supplier of sustainable energy in Central AsiaIn line with the regional efforts to reduce carbon dioxide emissions and increase the use of renewable energy, Tajikistan has promising prospects for transitioning towards “green” energy. The World Bank has stated that due to its hydropower capacity, Tajikistan can play a significant role in becoming a supplier of clean energy in Central Asia. Experts…
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Visiting World Bank Regional Vice President Discusses Rogun HPP Project
Read More: Visiting World Bank Regional Vice President Discusses Rogun HPP ProjectIn her first official visit June 5-6, Antonella Bassani, the World Bank’s Vice President for Europe and Central Asia region met with government counterparts and development partners to discuss how bold reforms supported by robust investments can propel the country into a new phase of development. During the visit, Ms. Bassani discussed the essential reforms…
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$5bn to be required to start Rogun HPP in Tajikistan
Read More: $5bn to be required to start Rogun HPP in TajikistanDuring his state visit to China, the President of Tajikistan met with Jin Lisun, Chairman of the Asian Infrastructure Investment Bank, in Beijing on May 17. At the meeting, it was revealed that this bank will provide $500mn for the commissioning of new units of the Rogun hydroelectric plant, the press service of the President…
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Tajikistan and the International Development Association Sign Grant Agreement to finance the Rogun hydropower project
Read More: Tajikistan and the International Development Association Sign Grant Agreement to finance the Rogun hydropower projectOn January 18, Tajikistan and the International Development Association (IDA) signed four grant agreements. The grant agreements were signed in Dushanbe by the Minister of Finance of Tajikistan Fayziddin Kahhorzoda, and the World Bank Country Manager for Tajikistan Ozan Sevimli. The first financing agreement is a technical assistance to finance the Rogun hydropower project. The…
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World Bank approves $15 million grant to improve the Rogun Hydropower Project, Tajikistan
Read More: World Bank approves $15 million grant to improve the Rogun Hydropower Project, TajikistanThe World Bank’s Board of Executive Directors approved $15 million in grant financing from the International Development Association for the Technical Assistance for Financing Framework for Rogun Hydropower Project in Tajikistan (TA). This TA aims to support the Government of Tajikistan in improving the financial and commercial frameworks of the Rogun Hydropower Plant (HPP) Project…
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EU mulls investment in Rogun dam to undermine Russia in Tajikistan
Read More: EU mulls investment in Rogun dam to undermine Russia in TajikistanThe European Union plans to become the leading investor Tajikistan’s Rogun dam, the tallest dam in the world, EU officials told Reuters. The move is intended both to help Tajikistan and other Central Asian countries reduce their reliance on Russian energy, and to counter Chinese influence in the region. According to a spokesperson for the…
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