DUSHANBE, Tajikistan, January 13. In 2024, a deal was struck between Tajikistan and the Islamic Development Bank (IsDB) to back priority projects in the country, amounting to a cool $200 million, Trend reports.
According to the Ministry of Finance of Tajikistan, this was announced during a consultative meeting of IsDB Country Managers at Saudi Arabian Medina, which was attended by Majidi Yusuf Khairullo, the First Deputy Minister of Finance of Tajikistan and Alternate Governor of IsDB.
The predominant allocation of financial resources—amounting to $150 million—has been sanctioned for the ongoing development of the Rogun Hydroelectric Power Plant infrastructure.
The Rogun HPP, situated on the Vakhsh River, is designed to consist of six power units, each with a capacity of 600 MW. To date, two units are already operational, and the third is expected to come online in 2025. Once fully operational, the plant is expected to generate over 17 billion kWh of electricity annually, significantly boosting Tajikistan's energy supply and helping to meet growing demand.
The Rogun HPP is seen as a critical project for the country, as it will provide electricity to nearly 10 million people, alleviating chronic winter power shortages. Furthermore, approximately 70 percent of the plant's output will be exported to neighboring Kazakhstan and Uzbekistan at competitive rates, enhancing regional energy cooperation and trade.
