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China Eximbank pledges $200 million USD to construct Yavan hydroelectric power plant on Zarafshon River
| Funder | Export-Import Bank of China (China Eximbank) |
|---|---|
| Recipient Organization | Tajikistan Ministry of Finance |
| Country | Tajikistan |
| Start Date | Jan 17, 2007 |
| End Date | Apr 20, 2032 |
| Duration | 9,225 days |
| Number of Grantees | 1 |
| Roles | Recipient |
| Data Source | AidData Chinese Aid |
| Grant ID | 40378 |
Grant Description
China Eximbank pledges $200 million USD to construct Yavan hydroelectric power plant on Zarafshon River On January 17, 2007, the Export-Import Bank of China and Ministry of Finance of the Republic of Tajikistan signed an agreement for a $200 million USD loan for the construction of the 150 MW Yavan hydroelectric power plant on the Zarafshon River.
The total cost of the project was expected to be $260.5 million USD, comprised of the Chinese loan and a self-financing contribution of $60.5 million USD.
Ferghana News reported that the power plant have a capacity of 150 MW with an annual output of 0.6 billion kilowatt-hours.
The project also included the construction of a 60- kilometer, 220-kilovolt power transmission line to carry electric power from the HPS to sub-station Rudaki in the city of Panjakent.
According to the blueprints provided by the Chinese, the hydroelectric power plant would producing enough for the entire Panjakent District the year round. The project sought to help mitigate Tajikistan's chronic electricity shortages. SinoHydro was awarded a contract to build the plant on January 18, 2007.
Construction was scheduled to start in 2008 and last three years.
However, a 2008 source noted that China may have been looking for alternative project, and it now appears that a loan agreement was never finalized and this project was never implemented.
Staff Comments
Zarafshon River is also spelled Zeravshan River. Panjakent is also spelled Penjikent.
Sources & References
- China to Spend $200 Mln on New Power Plant in Tajikistan
- China Sinohydro Company to build HPS in northern Tajikistan.
- China will build the Zeravshan (Yava) Hydroelectric Power Plant in northern Tajikistan
- Chinese company, banks set to cooperate with Tajikistan
- The Hydroelectric Sector in Central Asia and Growing Influence in China
- China's New Diplomacy
- Tajik MoF
- Chinese bank to sign loan agreement for financing Zarafshon hydroelectricity project
- Strategy for Regional Cooperation in the Energy Sector of CAREC Countries
- The Hydroelectric Sector in Central Asia and the Growing Role of China
- Chinese To Build Tajik Hydroelectric Plant
- Republic of Tajikistan: First Assessment Under the 2008 Staff-Monitored Program
- China will build the Zeravshan (Yava) Hydroelectric Power Plant in northern Tajikistan Loan applications and disbursements are still being received and processed as the projects continue to evolve. Ongoing monitoring and evaluation are in place to ensure project continuity.
All Grantees
Tajikistan Ministry of Finance
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