August 5, 2019, 10:03
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AKIPRESS.COM - "The Government has set up a special commission to seek money for completion of construction of the Roghun hydropower plant," Tajik Minister of Finance Fayziddin Qahhorzoda told reporters in Dushanbe on August 2, Asia-Plus reports.
According to him, negotiations on seeking money for construction of the Roghun HPP are under way.
"We are extremely interested in completion of construction of this facility on schedule," the minister said.
Meanwhile, the first deputy head of National Bank of Tajikistan (NBT), Jaloliddin Nouraliyev had earlier excluded the participation of international financial institutions in completion of construction of the Roghun HPP.
In a report released at a news conference in the Dushanbe, he noted on July 24 that the international financial institutions have their own requirements, their own policy. "They usually participate in financing of the projects from scratch. Since the construction of the Roghun hydropower plant has been carried out since 1986, financing of this project does not comply with the policy of international financial institutions," Nouraliyev said.
Recall, Tajikistan stemmed the flow of the Vakhsh River for construction of the Roghun HPP in late October 2016.
Roghun HPP is an embankment dam in the preliminary stages of construction on the Vakhsh River in southern Tajikistan. It is one of the planned hydroelectric power plants of Vakhsh Cascade.
The Roghun HPP was first proposed in 1959 and a technical scheme was developed by 1965. Construction began in 1976 but the project was frozen after the collapse of the Soviet Union.
An agreement on finishing the construction was signed between Tajikistan and Russia in 1994; however, as the agreement was not implemented, it was denounced by Tajikistan parliament.
The government hopes the Roghun hydropower plant will help end power rationing in winter months while also allowing Tajikistan to boost energy exports to its neighbors, such as Uzbekistan and Afghanistan.
