The Tajik authorities continue to finance the Rogun Dam project
The Government of Tajikistan is allocating an additional 200 million somoni (about $ 19 million) for the construction of the Rogun Dam, the country’s flagship hydropower project. The decision was made within the framework of two new resolutions dated April 16, according to which 110 million somoni will be allocated from the Stabilization Fund for Economic Development, and another 90 million due to overfulfilling the revenue side of the republican budget for 2025.
This is not the first large sum transferred to the account of JSC Rogun Dam this year: in January, the authorities approved the transfer of 150 million somoni from the same fund. Last year, the hydroelectric plant received about 280 million somoni (over $ 25 million) from the stabilization fund.
The Fund is replenished at the expense of over-planned revenues to the state and local budgets. According to the law on the budget for 2025, 25% of such revenues are automatically sent to the Stabilization Fund.
The total amount of financing of the Rogun Dam from the state budget for 2025 is about 5 billion somoni (480 million dollars). This is almost a tenth of the country’s total budget expenditures.
Meanwhile, work on the construction site does not stop: in 2025, the authorities plan to commission the third hydroelectric unit. The first two units, still operating at low power, were launched in 2018 and 2019.
In its final form, the Rogun Dam will consist of six units with a capacity of 600 megawatts each. The sixth unit is expected to be launched by 2029. When fully commissioned, the facility will become the largest hydroelectric power plant in Central Asia with an installed capacity of 3,600 MW. The expected annual volume of electricity produced will be from 13 to 17 billion kWh, which is equivalent to up to 85% of all electricity produced in the country. This is enough not only for domestic consumption, but also for export.
According to the estimates of the Ministry of Finance, it will take about 6.4 billion dollars to complete all work on the construction of the station by 2035. So far, according to official data, over 40 billion somoni (about $ 4 billion) has been invested in the project since 2008.
The project is partially supported by international donors: agreements worth $ 812 million have already been signed, of which $ 462 million are loans and $ 350 million are grants. Negotiations on attracting new development partners are continuing.
Radio Ozodi