9,367.77 TRY BIST 100 BIST 100
4.79 CNY CNY CNY
34.56 USD USD USD
36.19 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
41.35 TRY Interest Interest
74.24 USD Fossil Oil Fossil Oil
30.90 USD Silver Silver
4.09 USD Copper Copper
100.80 USD Iron Ore Iron Ore
365.00 USD Shipbreaking Scrap Shipbreaking Scrap
2,982.57 TRY Gold (gr) Gold (gr)

Tajikistan anticipates $650 million loan for Rogun hydropower plant construction

Tajikistan is poised to receive a substantial financial boost with an expected $650 million loan aimed at advancing the construction of the Rogun hydropower plant.

Tajikistan anticipates $650 million loan for Rogun hydropower plant construction

Tajikistan is poised to receive a substantial financial boost with an expected $650 million loan aimed at advancing the construction of the Rogun hydropower plant. This significant funding is anticipated to accelerate the development of the project, which is crucial for the country’s energy independence and economic growth.

The Rogun hydropower plant, once completed, is set to become the largest in Central Asia, with a projected capacity of 3,600 megawatts. This capacity will not only meet domestic energy needs but also enable Tajikistan to export electricity to neighboring countries, fostering regional cooperation and economic integration.The loan is expected to come from a consortium of international financial institutions, reflecting global confidence in the project’s viability and its potential to contribute to sustainable development. The funds will be used to finance the construction of key infrastructure, including the dam, power stations, and transmission lines.

Tajikistan’s government has emphasized the importance of the Rogun project in its national development strategy. The hydropower plant is seen as a cornerstone for achieving energy security, reducing reliance on fossil fuels, and promoting renewable energy sources.

As the country moves forward with this ambitious project, the anticipated loan will play a pivotal role in ensuring its timely completion and operational success, marking a significant milestone in Tajikistan’s journey towards a sustainable energy future.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

South Korea's crude steel production decreased by 18.3% in October

Friday, November 22, 2024

SSAB and Saint-Gobain's slag reprocessing plant in Raahe progresses

Friday, November 22, 2024

US Steel Producer partners with Primetals Technologies for EAF Ultimate

Friday, November 22, 2024

Imported scrap prices on the decline, demand stagnant!

Friday, November 22, 2024

Roadmap for India’s steel sector: Demand, imports and future plans

Friday, November 22, 2024
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now