Tag: World Bank
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S&P: Tajikistan will receive donors’ money for Rogun after all conditions are fulfilled
Read More: S&P: Tajikistan will receive donors’ money for Rogun after all conditions are fulfilledFinancing of the Rogun HPP project by development partners, in particular the World Bank, is delayed until the remaining conditions are met, according to the justification of Tajikistan’s sovereign rating prepared by the international rating agency Standard & Poor’s Global Ratings. “The government has agreed on financing packages with a consortium of multilateral and bilateral…
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QFFD extends loan support to Tajikistan’s Rogun HPP project
Read More: QFFD extends loan support to Tajikistan’s Rogun HPP projectQatar Fund for Development (QFFD) has signed a loan agreement worth QR182 million with the Ministry of Finance of Tajikistan to support the Rogun Hydropower Plant Project, aimed at strengthening the country’s energy infrastructure and driving sustainable economic growth. In a statement on Sunday, QFFD said the agreement was signed during an official visit by…
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Tajikistan to Supply Rogun Hydropower to Uzbekistan at 3.4 Cents per kWh
Read More: Tajikistan to Supply Rogun Hydropower to Uzbekistan at 3.4 Cents per kWhTajikistan and Uzbekistan have agreed to a new phase of energy cooperation that will see electricity from Tajikistan’s Rogun Hydropower Plant (HPP) exported to Uzbekistan at an initial price of 3.4 US cents per kilowatt-hour, according to Tajikistan’s Ministry of Justice legal information portal. The price, which includes a zero-rated VAT, will increase by 1%…
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Financing Rogun HPP Creates Risks for the Country’s Fiscal Health
Read More: Financing Rogun HPP Creates Risks for the Country’s Fiscal HealthThe ambitious Rogun HPP construction project, designed to secure Tajikistan’s energy independence and turn the country into a major electricity exporter, could lead to serious problems for its financial stability. In their new economic outlook, analysts from the Eurasian Fund for Stabilization and Development (EFSD) warn that the massive financing of this megaproject is fraught…
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Tajikistan urges IsDB to power up investment in renewables and Rogun HPP
Read More: Tajikistan urges IsDB to power up investment in renewables and Rogun HPPTajikistan has called on the Islamic Development Bank (IsDB) to boost support for green energy and the Rogun hydropower project, Minister of Economic Development and Trade of Tajikistan Zavqi Zavqizoda said during talks with IsDB President Muhammad Al Jasser, Trend reports. The meeting took place on the sidelines of the IsDB Group’s Annual Meeting, held…
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Kazakhstan to purchase electricity from Tajikistan’s Rogun HPP
Read More: Kazakhstan to purchase electricity from Tajikistan’s Rogun HPPKazakhstan and Tajikistan have agreed to cooperate in the energy sector, Trend reports via Kazakh government decree. “To approve the attached draft Agreement between the Government of the Republic of Kazakhstan and the Government of the Republic of Tajikistan on Cooperation in the Field of Electric Power,” the document states. The designated operators for the…
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World Bank stresses significance of Tajikistan’s Rogun HPP construction
Read More: World Bank stresses significance of Tajikistan’s Rogun HPP constructionThe Rogun Hydropower Plant (HPP) project in Tajikistan is an important regional project, said Charles Cormier, the World Bank’s Infrastructure Regional Director for Europe and Central Asia, Trend reports via the Ministry of Finance of Tajikistan. Cormier made the statement during a meeting with Tajikistan’s Minister of Finance, Faiziddin Kahhorzoda, held in Washington, D.C., on…
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World Bank delegation visits Roghun hydropower plant
Read More: World Bank delegation visits Roghun hydropower plantAn official delegation of the World Bank, led by Ms. Anna Bjerde, the World Bank’s Managing Director of Operations, and Ms. Antonella Bassani, Vice President of the Europe and Central Asia Region at the World Bank, visited the Roghun hydropower plant on April 13 to assess the progress of its construction, OJSC NBO Roghun wrote…
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Tajikistan: Rogun Dam project going under microscope
Read More: Tajikistan: Rogun Dam project going under microscopeThe World Bank is under fire over allegations of impropriety in financing the Rogun Dam project in Tajikistan. Specifically, bank officials are facing accusations that they failed to comply with procedures to account for potential environmental and socio-economic harms associated with the project. A statement issued April 8 by the World Bank’s Inspection Panel, an…
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Communities in Uzbekistan and Turkmenistan Demand World Bank Investigation into Rogun HPP
Read More: Communities in Uzbekistan and Turkmenistan Demand World Bank Investigation into Rogun HPPThe World Bank’s Inspection Panel has agreed to formally investigate the World Bank’s involvement in the Rogun Hydropower Project (HPP) in Tajikistan, following a complaint filed on behalf of communities living downstream on the Amu Darya River in Uzbekistan and Turkmenistan. The complaint, submitted by the international environmental coalition Rivers without Boundaries, raises serious concerns…
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