World Bank to provide $36.5mn for second phase of rehabilitation of Tajikstan’s Nurek hydropower plant
The World Bank will provide $36.5mn for the rehabilitation of the Nurek hydropower plant in Tajikistan based on a grant agreement signed by the government of Tajikistan and the International Development Association at the end of 2020.
The funds will be spent on the second phase of the rehabilitation. The first phase cost around $325mn and included World Bank’s financing worth $226mn. Remaining funds were granted by the Asian Infrastructure Investment Bank ($60mn) and the Eurasian Development Bank ($40mn). The first phase was launched in March 2019.
Tasks during the first phase included rehabilitation of three generating units, the enhancement of dam safety with a focus on protection against seismic hazards and floods and the replacement of six auto-transformers used to regulate voltage.
The second phase will aim to repair the remaining six generating units, restore the Nurek bridge and repair the plant building and other key facilities.
Related Articles
Russia inks Power of Siberia 2 pipeline memorandum with China and Mongolia
Russia has signed a "legally binding memorandum" on the construction of a second gas pipeline to China, Power of Siberia 2, including a transit branch, Soyuz Vostok, that will run across Mongolian ... more
Druzhba oil flow to Slovakia and Hungary is renewed
The oil flow from the Russian Druzhba pipeline was renewed late on August 19. “The flow of oil to Slovakia is standard at the moment,” the country’s Minister of Economy Denisa Saková (Hlas) ... more
EBRD boosts Montenegro’s flagship wind farm with €26mn loan
The European Bank for Reconstruction and Development (EBRD) said on August 19 that it is deepening its support for Montenegro’s green transition with an additional €26mn loan to expand the Gvozd ... more
Most Read
-
Renewable capacity growth is faster than ever, but more acceleration needed to meet Paris 2030 goal, says IEA
1 year ago
-
Kyrgyzstan abandons attempt to rescue Russian climber trapped on icy summit of country’s highest mountain
23 days ago
-
BERTRAND: China after Communism, preparing for a post-CCP China
1 month ago
-
Hungarian economy faces weak growth, slow path to price stability, central bank report shows
2 months ago
-
UKRAINE REMONT: The battle to build: signs of recovery in Ukraine's construction industry
5 months ago