Tag: OPEC Fund for International Development
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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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COP29: Tajikistan Goes for Green as Pollution, Climate Change Take Toll
Read More: COP29: Tajikistan Goes for Green as Pollution, Climate Change Take TollTajikistan’s longtime president has said his country plans to switch entirely to renewable sources of energy by 2032, though a recent World Bank report warns that climate change is already threatening Tajikistan’s energy and water security, which are key to development. At the United Nations climate conference in Azerbaijan, President Emomali Rahmon said on Tuesday…
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Tajikistan’s Rogun HPP project faces criticism for environmental violations
Read More: Tajikistan’s Rogun HPP project faces criticism for environmental violationsA coalition of international environmental groups has raised serious concerns over the Rogun Hydroelectric Power Plant (HPP) project in Tajikistan, citing violations of key social and environmental standards. The project, which is expected to receive multibillion-dollar loans from the World Bank and other international financial institutions, has been criticized for failing to meet essential safeguards.…
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Iranian firm wins contract at world’s 2nd largest hydroelectric plant
Read More: Iranian firm wins contract at world’s 2nd largest hydroelectric plantAn Iranian state-run company has won a contract for carrying out scientific modeling at the world’s second largest hydroelectric power plant. The Water Research Institute (WRI) said on Wednesday it had been awarded a contract by Tajikistan to carry out physical hydraulic modeling at Rogun Dam, a mega-project located some 110 kilometers to the northeast…
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In Financing Rogun HPP, the AIIB Refuses to Learn From Its Past
Read More: In Financing Rogun HPP, the AIIB Refuses to Learn From Its PastLast month, the Asian Infrastructure Investment Bank (AIIB) held its ninth annual meeting in Samarkand, Uzbekistan. For the bank, this was an opportunity to boast about its efficient timelines, its ambitious plans to build the “infrastructure for tomorrow,” and its more innovative approach compared to its peers. However, stories from communities across Asia and beyond…
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OPEC Fund backs Tajikistan’s Rogun hydro plant with $25M loan
Read More: OPEC Fund backs Tajikistan’s Rogun hydro plant with $25M loanTajikistan’s landmark Rogun hydroelectric project has just received a $25 million boost in the form of a loan from the OPEC Fund. The loan is the first tranche of a US$100 million OPEC Fund financing facility for the project. Construction began on the Rogun Dam in the Soviet-era 1970s, only to be canceled after the…
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ADB Allocates $15 Million to Tajikistan for Power Grid Reconnection in Central Asia
Read More: ADB Allocates $15 Million to Tajikistan for Power Grid Reconnection in Central AsiaThe Asian Development Bank (ADB) has approved a grant of $15 million for a project to reconnect Tajikistan’s power lines to the Central Asian unified electricity grid. The reconnection, it is reported, will be carried out through mutual relations with Uzbekistan. “Through the Central Asia Regional Economic Cooperation (CAREC) program, ADB actively promotes regional power…
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Tajikistan’s Winter Electricity Rationing Starts Early
Read More: Tajikistan’s Winter Electricity Rationing Starts EarlyTypically, rationing in rural areas begins in late October, but this year the state power company announced the start of restrictions on electricity in late September. Winter has come early in Tajikistan, with the national power company, Barqi Tojik, notifying customers on September 21 that seasonal rationing of electricity would begin the following day “where…
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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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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)