EBRD & EU to Help Modernise Electricity Network in Tajikistan
The European Bank for Reconstruction and Development and the European Union are improving the sustainability and efficiency of Tajikistan’s energy
The European Bank for Reconstruction and Development and the European Union are improving the sustainability and efficiency of Tajikistan’s energy sector by financing power-distribution grid upgrades in the Khatlon region of the country. A financing package of EUR 35 million will provided to Shabakahoi Taksimoti Bark, a state-owned power utility responsible for electricity distribution in Tajikistan. The financing will consist of a EUR 20 million sovereign loan provided by the EBRD and a EUR 15 million investment grant provided by the EU under its Investment Facility for Central Asia. The funds will be used for the modernisation of the power distribution networks in the cities of Kulob and Bokhtar and in adjacent territories. The financing will also help introducing billing and metering infrastructure and upgrade STB’s workshops.
As part of the project, STB, in cooperation with domestic educational establishments, will develop professional training schemes for local young people.