The debt of “Barki Tojik” increased by almost $300 million

The accounts payable of OJSC “Barki Tojik” at the beginning of the year amounted to nearly $3 billion

Photo: Internet

According to the press service of “Barki Tojik,” the company’s debt at the beginning of this year amounted to about 32.3 billion somoni (about $2.9 billion), which is an increase of 3.3 billion somoni ($292 million) compared to the same period in 2021.

The debt of “Barki Tojik” to the Ministry of Finance (loans attracted for the implementation of energy projects) reached over 24.1 billion somoni ($2.14 billion).

The debt to “Orionbank” amounted to about 2.2 billion somoni ($194 million), Sangtuda HPP-1 – 2.1 billion somoni ($186 million), HPP “Sangtuda-2” – 2.7 billion somoni ($239 million), OJSC “Rogun HPP” – 630 million somoni ($55.8 million), OJSC “Tajiktransgaz” – 362 million somoni ($32 million).

The energy holding also owed 215 million somoni ($19 million) to coal suppliers for thermal power plants.

At the same time, revenues from electricity exports in 2021 reached 404.6 million somoni ($35.9 million), which is 232.6 million somoni ($20.6 million) less than in 2020. The main reason for this was the unstable political situation in Afghanistan.

It is reported that the main buyers of electricity in 2021 were Afghanistan, to which 1 billion 275.2 million kWh was exported for a total of 635.9 million somoni, and the Republic of Uzbekistan — 1 billion 146.8 million kWh for a total of 258.8 million somoni. Of the $33 million in debt, Afghanistan paid $2 million in January and $4 million in February. This year, Tajikistan will export electricity to Afghanistan at the 2021 price.