Month: October 2024
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AIIB Allocated $270 mln for the Rogun HPP Development Program
Read More: AIIB Allocated $270 mln for the Rogun HPP Development ProgramOn December 20, in the Chinese city of Beijing, a financial agreement was signed between the Republic of Tajikistan and the Asian Infrastructure Investment Bank (AIIB) for over 1.9 billion Chinese yuan, equivalent to $270,000,000, to implement the project “Rogun HPP Development Program, Phase 1.” The agreement was signed by the Minister of Finance of…
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KFAED Signs Loan Deal With Tajikistan To Help Finance Power Plant
Read More: KFAED Signs Loan Deal With Tajikistan To Help Finance Power PlantA loan agreement was signed on Wednesday between Kuwait Fund for Arab Economic Development (KFAED), and the Republic of Tajikistan worth in total KD 5.2 million (estimated USD 16.9 million) to contribute to financing the Rogan Hydroelectric Power plant project. In a press release, KFAED said that the project aims to enhance electricity production in…
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Rivers Without Boundaries Coalition Criticizes Rogun HPP Plans
Read More: Rivers Without Boundaries Coalition Criticizes Rogun HPP PlansRivers Without Boundaries, an international environmental organization, has released a detailed report analyzing alternative strategies for completing the Rogun Hydroelectric Power Plant (HPP) in Tajikistan. This report has been submitted for review to the World Bank Board of Directors. The report highlights the importance of exploring alternative energy development options in Tajikistan before committing to…
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World Bank approves $350 million for Tajikistan’s hydropower plant
Read More: World Bank approves $350 million for Tajikistan’s hydropower plantThe World Bank approved Tuesday a $350 million International Development Association (IDA) grant as part of the first phase of a program to help Tajikistan finance the completion of the Rogun Hydropower Plant Project. The Rogun Hydropower Plant, will require $6.29 billion to complete, which will be financed by project revenues, domestic resources and development…
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The World Bank should reconsider its mega dam project in Tajikistan
Read More: The World Bank should reconsider its mega dam project in TajikistanOn December 17 the World Bank is set to vote on financing the Rogun mega dam project in Tajikistan. If the vote passes, it would make one of the wildest dreams of the Tajik regime come true. The $5bn Rogun project has been in development since the mid-1970s as a solution for the chronic energy…
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Tajikistan: Rogun Dam is a white elephant in the making – report
Read More: Tajikistan: Rogun Dam is a white elephant in the making – reportBuilding the Rogun Dam in Tajikistan to its maximum projected height and specifications would be an economic disaster for Central Asia’s poorest nation, and an environmental nightmare for the entire region, according to a newly published expert report. The advent of new technologies for electricity generation means that Tajikistan’s already decades-old mega project would be…
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Rogun HPP in Tajikistan to provide energy to surrounding countries – IsDB
Read More: Rogun HPP in Tajikistan to provide energy to surrounding countries – IsDBThe Rogun Hydropower Plant (HPP) in Tajikistan will enable the supply of energy to neighboring countries, Muhammad Al-Jasser, chairman of the Islamic Development Bank Group, said during the 28th International Investment Conference in Riyadh, Trend reports. “We just signed a $150 million loan a month ago to partially finance the Rogun Dam. The $6 billion…
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China’s impact on the Rogun Dam Project in Tajikistan
Read More: China’s impact on the Rogun Dam Project in TajikistanThe Rogun Dam, located on the Vakhsh River in Tajikistan, is one of the most ambitious hydropower projects in the world, let alone in Central Asia. Designed to be the world’s tallest dam, with a projected height of 335 meters (1,099 feet), it is poised to transform Tajikistan’s energy landscape by providing an estimated output…
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Kazakhstan to Begin Purchasing Electricity from Rogun HPP
Read More: Kazakhstan to Begin Purchasing Electricity from Rogun HPPKazakhstan has announced plans to purchase electricity from Tajikistan’s Rogun hydropower plant (HPP), a major facility currently under construction. According to a draft agreement published on Tajikistan’s official legal information portal, the cooperation between the two countries is set to last for 20 years, with an option to extend for an additional 10 years. The…
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Three workers killed, one other injured in accident at Rogun HPP construction site
Read More: Three workers killed, one other injured in accident at Rogun HPP construction siteAn accident at the construction site of the Roghun hydropower plant has claimed the lives of three workers and injured another, according to the Service for the State Supervision of Safe Work in Industry and Mining under the Government of Tajikistan (Service). The incident reportedly occurred on November 12. An official source within the Service…
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Asian Development Bank (3) Asian Infrastructure Investment Bank (7) Eurasian Development Bank (2) European Investment Bank (2) International Development Association (1) Islamic Development Bank (3) Kuwait Fund for Arab Economic Development (1) OPEC Fund for International Development (2) resettlement (1) Saudi Fund for Development (4) World Bank (15)