+44 207 394 30 90 (London)

EBRD and GCF to upgrade hydropower plant in Tajikistan

Главная » News » EBRD and GCF to upgrade hydropower plant in…

The European Bank for Reconstruction and Development and the Green Climate Fund (GCF) have agreed to provide an $88m financing package to upgrade the Qairokkum hydropower plant (QHPP) and improve electricity supply in Tajikistan.

The $88m financing package comprises of a $38m EBRD loan, a $27m GCF loan and a $23m GCF grant to state-owned power utility Barki Tojik.

Created in 2010 by 194 countries who are parties to the United Nations Framework Convention on Climate Change (UNFCCC), GCF supports the efforts of developing countries to respond to the challenge of climate change.

The new funding will be used for the completion of the second and final phase of the rehabilitation and modernisation of the six-decade-old QHPP.

The QHPP upgrade will see the installation of hydraulic steel components, turbines and electromechanical equipment for the four hydropower units, as well as concrete dam works.

With the financing from EBRD, Austria and the UK, in addition to the Climate Investment Funds’ Pilot Programme for Climate Resilience, the QHPP upgrade project was initiated in 2014.

Upon completion, the plant capacity is expected to be increased from 126MW to 174MW, and will also see the introduction of new climate resilience measures, which allow the plant to cope with the expected impact of climate change on the hydrology of the country.

The new measures will also allow the Tajik hydropower operator to anticipate, assess and manage climate-related risks.

Tajikistan is reported to be one of the most vulnerable countries in the world to climate change.

Source: Power Technology


Tata Power synchronizes 186MW Shuakhevi hydro power project in Georgia

Indian energy company Tata Power said that its joint venture company Adjaristsqali Georgia (AGL) has synchronized the 186MW Shuakhevi Hydro Power Project (HPP) in Georgia. The joint venture partners of Tata Power in AGL are Clean Energy Invest AS Norway (Clean Energy) and IFC InfraVentures (IFC), World Bank group member. Tata Power also said that…

Nenskra HPP Project Public Hearings to Be Held in Chuberi and Nakra

Nenskra Hydropower Plant Project Company, JSC Nenskra Hydro, will hold yet another round of public hearings on the project’s Environmental and Social Impact Assessment (ESIA) report for the population of villages of Chuberi and Nakra, on 22-23 and 24 of August, respectively. Public hearings will be held in a format of open house sessions: from…

Armenia’s investment potential presented to Chinese investors

YEREVAN, AUGUST 17, ARMENPRESS. Armenia’s commercial to China Hrant Abajyan presented Armenia business environment, investment attractiveness, potential and the existing opportunities, as well as a number of investment programs in infrastructures, road construction, mining industry, production, agriculture and energy fields to Chinese businessmen and investors on August 16 in Beijing, press service of the Armenian…