Asia Economy Featured News

ADB Releases Data on Modernization of Hydropower Plants in Tajikistan

The Asian Development Bank (ADB) is participating in the project to restore the Golovnaya hydroelectric power station in Tajikistan, Trend reports. reports citing ADB.

ADB has reportedly allocated $136 million in total for the restoration of the HPP. The total cost of the project was $170 million.

The reconstruction of the hydroelectric power plant is carried out by the Tajik state energy company Barki Tojik, it is planned to be completed by February 13, 2024. The executor of the project for the reconstruction of this HPP is the State Committee for Investments and State Property Management of Tajikistan.

The project is upgrading the electrical and mechanical equipment for power generation and transmission, after which the station will be able to increase its capacity from 240 megawatts to 252 megawatts. The energy generated by the HPP is planned to be directed both to the domestic market and for export.

It is noted that the implementation of this project will increase the gross domestic income of Tajikistan, and will also contribute to the expansion of employment opportunities in the country.

Recall that in 2022, ADB provided grant assistance to Tajikistan in the amount of $211.2 million.

Since Tajikistan joined ADB in 1998, the bank has become the country’s largest development partner, providing more than $2.2 billion to Tajikistan.

Source : Trend az

Translate

Advertisement