BAKU, Azerbaijan, February 17. The total amount of money allocated to the constriction of Tajikistan’s Rogun Hydropower Project (Rogun HPP) in 2022 amounted to 3.8 billion somoni ($359 million), Minister of Finance of Tajikistan Fayziddin Kakhorzoda said, Trend reports via Tajik media.
According to the minister, the other sources also provide funds for the construction of the power plant.
In particular, the Asian Infrastructure Investment Bank (AIIB) decided to provide a $5 million grant for the HPP construction this year.
In January 2023, the World Bank (WB) also announced the allocation of funds worth $15 million for technical assistance of Rogun HPP.
As the minister noted, Tajikistan also conducts negotiations on the allocation of grants and loans to the project with other international financial institutes.
Rogun HPP is currently under construction on the Vakhsh River in the Pamir Mountains in Tajikistan. The project’s estimated capacity amounts to 3,780 MW. The HPP is planned to become the biggest hydropower station in the country. It is expected to achieve full operational capacity in 2028 and generate 13,300 GWh of electricity per year.
According to the Ministry of Energy of Tajikistan, the realization of the Rogun HPP project will cost not less than $5 billion.