Germany finances the construction of a hydropower plant in Tajikistan

The German Development Bank is financing the construction of the “Sebzor” hydropower plant and the reconstruction of the “Tajikistan” hydropower plant.

Photo: Internet

According to the press service of the Ministry of Economic Development and Trade, on August 10 of this year, a meeting took place between the Minister of Economic Development and Trade, Zavki Zavkizoda, and representatives of the German Development Bank led by the Regional Director of the German Development Bank in Central Asia, Andreas Schneider.

Zavkizoda noted that recently the relations between Tajikistan and Germany have reached a qualitatively new level.

It was noted that one of the significant results of cooperation with this bank is the signing of an agreement for a grant and the implementation of the project for the construction of the “Sebzor” hydropower plant in Gorno-Badakhshan Autonomous Region (GBAO) for the amount of 17.4 million euros. It should be noted that a total of 70 million euros has been allocated by development partners for the implementation of the “Sebzor” hydropower plant project.

During the meeting, there was also an exchange of views regarding the “Tajikistan” hydropower plant, which was commissioned in September 2018 in the Murghab District of GBAO. The German Development Bank allocated 7.4 million euros for the reconstruction of the “Tajikistan” hydropower plant. Additionally, in order to improve and reduce the risk of natural disasters in the area of the “Tajikistan” hydropower plant in the Murghab District of GBAO, a second agreement for additional financing in the amount of 816 thousand euros was signed on October 5, 2021.

It is reported that at the meeting, the parties agreed on the issue of attracting grants for regional development, infrastructure, and mitigating the negative effects of climate change in the country.

At the end of the meeting, the parties expressed their readiness to expand mutually beneficial cooperation and implement the discussed issues.