World Bank to provide $36.5mn for second phase of rehabilitation of Tajikstan’s Nurek hydropower plant

By bne IntelIiNews February 23, 2021

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.

Read in IntelliNews Pro
Get IntelliNews Pro

Related Articles

INTERVIEW: Biomethane can make up Ukraine’s gas shortfall - Ukraine Bioenergy Association

Ukraine is rapidly developing its biomethane sector with ambitions to become a major European supplier. Georgii Geletukha, head of the board at the Bioenergy Association of Ukraine, told bne ... more

Poland’s Orlen signs deal to supply Ukraine with LNG

Ukraine’s Naftogaz will purchase 100mn cubic metres of LNG from Poland’s Orlen, Ukraine’s biggest state-owned energy firm announced on March 7. The LNG will be transported from cargoes ... more

OPEC+ continues with production plan despite Trump’s demands

OPEC+ has decided to continue with its current oil production plans after a review meeting on February 2 despite calls from US President Donald Trump to lower crude prices. According to a ... more

Follow Us On

Most Read

  1. Armenia courts African countries to supply diamond industry
    3 days ago
  2. From blood diamonds to critical minerals: Sierra Leone’s mining transformation
    3 days ago
  1. Serbian biotech Dren Bio sold to Sanofi for $1.9bn
    1 month ago
  2. Scandal surrounding Hungarian central bank’s investments spreads to Polish developer GTC
    30 days ago
  3. Israeli IDF troops engage in ground battle in Syria as airstrikes hit Palmyra
    30 days ago
  4. Who will be Serbia’s next prime minister?
    30 days ago
  5. TNT ammunition depot in Czechia explodes
    30 days ago

Reports

Dismiss