As stated by the EBRD, the project consists in the provision of financing for rehabilitation of the two existing transformers at 500/220/35 kV substation in the Sugd region of Tajikistan in the form of an up to EUR 25 million sovereign loan to the Republic of Tajikistan with loan proceeds to be on-lent to OJSC Shabaqahoi Intiqoli Barq, the implementing entity.
The implementation of the project shall contribute to strengthening of the power sector in Tajikistan by reducing losses, improving collection rates and revenue streams. The project objectives are to address most urgent needs for the replacement of aged infrastructure and to contribute towards the reduction of distribution network losses resulting in financial and CO2 emissions savings. The project shall strengthen reliability and stability of the transmission network and improve capacity of the electricity system, ultimately leading to the reduction of system losses.
The implementing agency is Open Joint Stock Company Shabaqahoi Intiqoli Barq, which was established in 2021 as a result of unbundling of the vertically integrated power company Barqi Tojik. The company is responsible for operation and maintenance of the entire transmission network in Tajikistan. The Company is 100 per cent owned by the Government.
|Private Actor 1||Private Actor 1 Role||Private Actor 1 Sector||Relation||Private Actor 2||Private Actor 2 Role||Private Actor 2 Sector|
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Implementing Agency - Shabaqahoi Intiqoli Barq OJSC:
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