Month: October 2024
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Civil society organizations and bankers discuss the Rogun HPP Project completion
Read More: Civil society organizations and bankers discuss the Rogun HPP Project completionThe issue of financing the Rogun HPP construction in Tajikistan, which has dangerous negative impacts on natural ecosystems and local communities, emerged as the main project discussed in the dialogue between civil society organizations and the management of the Asian Infrastructure Investment Bank (AIIB) at the 9th Annual Meeting of AIIB Governors held last week…
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Tajikistan Raises Over a Billion Dollars More for Rogun Hydropower Plant
Read More: Tajikistan Raises Over a Billion Dollars More for Rogun Hydropower PlantTajik President Emomali Rahmon, speaking at a meeting with the constructors of the Rogun hydropower plant, said that negotiations with the World Bank for a $650 million grant — and with the Asian Infrastructure Investment Bank for a $500 million loan — are in their final stages. Earlier, agreements on preferential lending were signed with…
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Saudi Fund Contributes $100 Million Towards Rogun Hydropower Plant
Read More: Saudi Fund Contributes $100 Million Towards Rogun Hydropower PlantThe Saudi Development Fund has allocated $100 million to finance the completion of the Rogun hydropower plant in Tajikistan. This was announced by the Ambassador Extraordinary and Plenipotentiary of the Kingdom of Saudi Arabia to the Republic of Tajikistan, Walid bin Abdulrahman Al-Rashidan, at a press conference dedicated to the 94th anniversary of the Kingdom…
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Tajikistan puts more money on table for construction of Rogun HPP
Read More: Tajikistan puts more money on table for construction of Rogun HPPTajikistan has allocated additional funds from its budget for the completion of the Rogun hydropower plant, Trend reports. According to a government decree, the Ministry of Finance has been instructed to transfer 40 million somoni (approximately $3.8 million) from the national budget to the Stabilization Fund for Economic Development to increase the authorized capital of…
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Kazakhstan have considered the possibility of exporting electricity from the Rogun HPP
Read More: Kazakhstan have considered the possibility of exporting electricity from the Rogun HPPTajikistan and Kazakhstan discussed the issue of exporting electricity from the Rogun HPP through the territory of Uzbekistan, the press service of the Ministry of Energy of the Republic of Kazakhstan reports. Kazakh Energy Minister Almasadam Satkaliyev held talks with Deputy Prime Minister of Tajikistan Usmonali Usmonzoda and Deputy Minister of Energy and Water Resources…
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S&P Estimates That Rogun HPP Will Cost Over $6 Billion To Finish
Read More: S&P Estimates That Rogun HPP Will Cost Over $6 Billion To FinishThe ratings agency S&P has estimated the cost of completing the construction of the Rogun hrydroelectric power plant in Tajikistan at $6.4 billion. The Tajik government is negotiating with a consortium of multilateral and bilateral creditors to provide a financing package covering about 50% of these costs. The other half of the financing is expected…
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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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Asian Development Bank (2) Asian Infrastructure Investment Bank (5) Eurasian Development Bank (2) European Investment Bank (2) International Development Association (1) Islamic Development Bank (2) OPEC Fund for International Development (1) resettlement (1) Saudi Fund for Development (4) World Bank (9)