Nurek Hydropower Rehabilitation Project Phase I (WB-P150816)

Countries
  • Tajikistan
Where the impacts of the investment may be experienced.
Financial Institutions
  • World Bank (WB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Active
Bank Risk Rating
B
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
May 3, 2017
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
Ministry of Finance
The holder of the loan, grant, or other investment.
Sectors
  • Energy
  • Hydropower
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, etc.
Investment Amount (USD)
$ 225.70 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 350.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ WB website

Updated in EWS Aug 8, 2017

Disclosed by Bank Apr 15, 2016


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Project Description
This project finances the rehabilitation and restoration of three power generating units of the Nurek hydropower plant, and the strengthening of the Nurek dam. There are three components which include power plant rehabilitation, dam safety, and capacity building in project management.
Investment Description
  • World Bank (WB)
Contact Information
Contact: Paivi Koljonen Title: Lead Energy Specialist Tel: 458-2284 Email: pkoljonen@worldbank.org Name: Ministry of Finance, Tajikistan Contact: Abdusalom Qurboniyon Title: Minister Tel: 99237-221-14-17 Email: Min_fin@tojikiston.com Name: Ministry of Energy and Water Resources, Tajikistan Contact: Usmonali Usmonzoda Title: Minister Tel: 99237-235-35-66 Email: uusmonov@gmail.com Name: OJSHC Barqi Tojik Contact: Mahmadumar Asozoda Title: First Deputy Chairman Tel: 99237-235-87-66 Email: asozoda1968@gmail.com ACCOUNTABILITY MECHANISM OF WORLD BANK The World Bank Inspection Panel is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by a World Bank-financed project. If you submit a complaint to the Inspection Panel, they may investigate to assess whether the World Bank is following its own policies and procedures for preventing harm to people or the environment. You can contact the Inspection Panel or submit a complaint by emailing ipanel@worldbank.org. You can learn more about the Inspection Panel and how to file a complaint at: http://ewebapps.worldbank.org/apps/ip/Pages/Home.aspx.