...

About $95 million invested in Tajik Rogun hydro power plant construction in Jan.- Aug.

Tajikistan Materials 18 September 2014 15:32 (UTC +04:00)
About 474.3 million somoni ($95 million) were invested in the construction and reconstruction of the Rogun hydro power plant in Tajikistan
About $95 million invested in Tajik Rogun hydro power plant construction in Jan.- Aug.

Baku, Azerbaijan, Sept. 18

By Elena Kosolapova - Trend: About 474.3 million somoni ($95 million) were invested in the construction and reconstruction of the Rogun hydro power plant in Tajikistan, Asia-Plus reported on Sept. 18.

This sum exceeds the investments into Rogun hydro power plant in 2013 by 202 million somoni (over $40 million).

Tajik government plans to allocate 1.4 billion somoni ($1 = 5.06 somoni) to Rogun hydropower plant project from the state budget (33 percent increase compared to 2013).

In general, Tajikistan spent 702.7 million somoni (more than $140 million) on construction of electric power facilities in January-August 2014. This sum is 131.6 percent more compared to investments in this sector in the same period of 2013.

Tajikistan plans to build the Rogun HPP on the Vakhsh River to resolve the country's problems caused by electricity shortage. However Uzbekistan, located on the river downstream, is against the construction. According to the Uzbek side, the construction of the dam could pose a threat to regional security.

Edited by C.N.

Tags:
Latest

Latest