Tajikistan: Nurek Hydropower Rehabilitation, Phase I (AIIB-000018)

Countries
  • Tajikistan
Geographic location where the impacts of the investment may be experienced.
Financial Institutions
  • Asian Infrastructure Investment Bank (AIIB)
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
A
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
Apr 18, 2017
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
Abdusalom Qurboniyon, Minister, Ministry of Finance, Republic of Tajikistan
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Energy
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)
$ 60.00 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)
$ 60.00 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)
$ 60.00 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.
Bank Documents
Campaign Documents
Other Related Projects
Primary Source

Original disclosure @ AIIB website

Updated in EWS Apr 24, 2024

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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.

OBJECTIVE

The objectives are to rehabilitate and restore the generating capacity of three power generating units of Nurek HPP, improve their efficiency and strengthen the safety of the Nurek dam.

DESCRIPTION

The rehabilitation of Nurek hydropower plant will be implemented in two phases. The phased approach is due to unavailability of the total financing required to complete all rehabilitation works. The Project, which is the Phase I of the rehabilitation, consists of:

Component One: Rehabilitation of the power plant and replacement of auto-transformers. This component will include (i) the replacement and refurbishment of mechanical, electrical, and electromechanical equipment and works required for the rehabilitation of the Nurek HPP; (ii) replacement of auto-transformers.

Component Two: Dam Safety. This component will include activities to improve the safety of the operation of the Nurek HPP.

Component Three: Technical Assistance. This component will support implementation of the Project and strengthen the institutional capacity of Barqi Tojik.

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

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.

IMPLEMENTING ENTITY

Usmonali Usmonzoda

Minister, Ministry of Energy and Water Resources, Tajikistan

uusmanov@gmail.com

Mahmadumar Asozoda

First Deputy Chairman, OJSHC Barqi Tojik

Asozoda1968@gmail.com

 

ACCOUNTABILITY MECHANISM OF AIIB

In addition, the AIIB has a Bank Oversight Mechanism. According to AIIB's policies, "people who believe they have been or are likely to be adversely affected by a failure of the Bank to implement the ESP may also submit complaints to the Bank's oversight mechanism in accordance with the policies and procedures to be established by the Bank for such mechanism." However, at the time of writing, it is unclear what the exact scope and function of this Oversight Mechanism will be.

How it works

How it works