The Tajik authorities hope to allocate half a billion dollars for the completion of Rogun in 2024
The government of Tajikistan expects to allocate about 5 billion somoni (about $460 million) for the implementation of the Rogun project in the coming year, the country's Finance Minister Faiziddin Kakhkhorzoda told deputies of the lower house of the country's parliament.
During the presentation of the bill on the state budget of the republic for 2024, the minister noted that it is planned to allocate 2.8 billion somoni from centralized budget funds for the construction of the Rogun hydroelectric power plant, and another 2.2 billion somoni from investment projects.
He noted that in ten months of this year, 4.3 billion somoni (about $395 million) were allocated for the construction of Rogun.
The construction of the Rogun hydroelectric power plant has so far been financed exclusively from public funds. Since 2008, more than 35 billion somoni have been allocated from the state budget for the construction of this hydroelectric power station.
In 2022, a consortium was created to attract funds from international donors for the construction of Rogun, coordinated by the World Bank.
According to the Ministry of Finance, agreements have already been reached to attract a preferential loan from the Asian Infrastructure Investment Bank (PRC) in the amount of $500 million. In addition, the Islamic Development Bank intends to increase the amount of financing for this facility to $250 million from the previously announced $150 million. At the end of October, the Saudi Development Fund also announced its readiness to provide a loan of $100 million.
The Rogun hydroelectric power plant will become the largest hydroelectric power plant in Central Asia, with an installed capacity of 3,600 MW. The annual volume of electricity generation after the plant is fully commissioned will be from 13 to 17 billion kilowatt-hours. This amounts to approximately 65%-85% of the annual electricity generation by all operating facilities in the republic.
In total, it is planned to install six units in the plant’s turbine room, the design capacity of each of which will be 600 MW. The launch of the last unit of the plant is scheduled for 2029.
The construction of the plant is divided into separate lots: LOT 1 – electromechanical equipment, LOT 2 – power plant dam, LOT 3 – right bank structures and LOT 4 – left bank structures. Construction of the plant is expected to be fully completed by 2033.