GrCF3W2 - Dushanbe District Heating Extension (EBRD-56738)

Regions
  • Europe and Central Asia
Geographic location where the impacts of the investment may be experienced.
Countries
  • Tajikistan
Geographic location where the impacts of the investment may be experienced.
Specific Location
Dushanbe
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
Financial Institutions
  • European Bank for Reconstruction and Development (EBRD)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
B
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Sep 9, 2025
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Borrower
State Enterprise "District Heating Company of Dushanbe"
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Energy
  • Infrastructure
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 3.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Loan Amount (USD)
$ 3.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Project Cost (USD)
$ 6.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Other Related Projects
Primary Source

Original disclosure @ EBRD website

Updated in EWS Sep 10, 2025

Disclosed by Bank Sep 9, 2025

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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

As stated by the EBRD, the initial sovereign-guaranteed loan of US$ 5.0 million, co-financed by an investment grant of US$ 5.0 million from the Shareholder Special Fund (SSF), was signed in 2021 to finance the rehabilitation of district heating (DH) infrastructure in Dushanbe, under the GrCF2W2-Dushanbe District Heating project (Project ID 49375). The PIP included:

  • Procurement of operational and maintenance equipment and machinery (Lots 1-3).
  • Installation of 16 smart meters and rehabilitation of 16 DH pumping stations.
  • Rehabilitation and extension of DH network (Lots 1-2).

Due to high inflation that followed the project's technical and economic feasibility assessment, the PIP had to be adjusted based on the results of open procurement process. Specifically, the contracting of Lot 2 of the "Rehabilitation and extension of the DH network" had to be postponed due to the lack of available financing. The additional sovereign-guaranteed loan of up to US$ 3.0 million and investment grant of up to US$ 3.0 million as an extension to the Project ID 49375 are now required to address cost overruns to achieve the project objectives.

The additional funding is an extension of the Bank's first engagement in the DH sector, which was a trigger investment for the City under the Bank's Green Cities programme. The initial project includes technical cooperation (TC) which was funded by the SSF and comprised of (i) the Project Implementation Support, Engineering Design and Contract Supervision (PIS), and (ii) the Corporate Development Programme (CDP) services.

The project (i) promotes the Green transition quality by reducing CO2 emissions, creating significant water savings, and developing a Green Cities Action Plan, and (ii) supports the Well-Governed transition objective by implementing the CDP and improving the awareness of female students about career opportunities in technical professions in the sector and promote their employment opportunities.

According to the EBRD, the project will significantly reduce greenhouse gas (GHG) emissions and air pollution from the City's DH system. It also supports the City to develop a Green City Action Plan (GCAP) that identifies its environmental challenges and sets verifiable targets.

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

As stated by the EBRD, the transaction is a follow-on sovereign-guaranteed loan of up to US$ 3.0 million to be complemented by a follow-on investment grant of the same amount to complete the priority investment programme (PIP) under the original operation. The follow-on loan will maintain the same first principal repayment (November 2025) and the final repayment date (May 2036) as those under the original loan.

Private Actors Description
A Private Actor is a non-governmental body or entity that is the borrower or client of a development project, which can include corporations, private equity and banks. This describes the private actors and their roles in relation to the project, when private actor information is disclosed or has been further researched.

As stated by the EBRD, the borrower is State Enterprise "District Heating Company of Dushanbe", which provides heat distribution services in the city of Dushanbe. It is wholly owned by the city.  


Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

Client - State Enterprise "District Heating Company of Dushanbe":

Sunatullo Kodirov
Email: kodirov-sunatullo@mail.ru
Phone: +992 91 865 4809
Address: Borbad Street 48-a, city of Dushanbe, Republic of Tajikistan

ACCESS TO INFORMATION

You can request information by emailing: accessinfo@ebrd.com or by using this electronic form: https://www.ebrd.com/eform/information-request

ACCOUNTABILITY MECHANISM OF EBRD

The Project Complaint Mechanism (PCM) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an European Bank for Reconstruction and Development (EBRD)-financed project. If you submit a complaint to the PCM, it may assess compliance with EBRD's own policies and procedures to prevent harm to the environment or communities or it may assist you in resolving the problem that led to the complaint through a dialogue with those implementing the project. Additionally, the PCM has the authority to recommend a project be suspended in the event that harm is imminent.

You can contact the PCM at: pcm@ebrd.com or you can submit a complaint online using an online form at: http://www.ebrd.com/eform/pcm/complaint_form?language=en

You can learn more about the PCM and how to file a complaint at: http://www.ebrd.com/work-with-us/project-finance/project-complaint-mechanism.html

How it works

How it works