The Eurasian Development Bank (EDB) intends to take part in financing the construction of the Rogun hydroelectric power station in Tajikistan in 2024. This was announced by Deputy Chairman of the Board of the Bank Denis Ilyin at a press conference in Almaty, answering a question from TASS.
“We are now actively negotiating with Dushanbe Airport, Somon Air airline, together with Orienbank on a program to modernize the aircraft fleet and build a technical base for aircraft maintenance, this in itself can give about $100 million, and our participation in the Rogun hydroelectric power station is predicted in the amount of $130 million, if the decision is made in 2024,” explained the deputy head of the bank. He clarified that these are two large projects that seriously exceed the amounts stated in the EDB Country Strategy for Tajikistan until 2026. In addition, according to him, the bank is considering participation in several more projects – waste recycling, brick production and others.
The Rogun hydroelectric power station is located 110 km from Dushanbe on the Vakhsh River and is considered the largest in the region. Its construction began in 1976, but after the collapse of the USSR it was mothballed. Later, Tajikistan continued construction work; of the six 600 MW units envisaged by the project, two have been launched so far. In the period from 2008 to 2021, almost $3 billion was allocated from the country’s budget and other sources for the reconstruction, construction and installation of the hydroelectric power station. After the station is put into operation, its capacity will be 3.6 GW, and the dam, 335 meters high, will become the tallest in the world.
Source: Avesta TJ