The inter-governmental Green Climate Fund has announced it will help co-finance a European Bank for Reconstruction and Development-led rehabilitation of Tajikistan’s 126-MW Kayrakkum hydroelectric plant.
GCF is providing US$50 million in co-financing for the project, while EBRD and others are providing $158 million.
EBRD said in December 2015 that the rehab and upgrade work will be performed in two phases.
The first phase is to include:
- Modernizing mechanical equipment in two of the plant’s six Kaplan turbine units;
- Improving the technical knowledge of local power sector officials; and
- Preparing a regulatory action plan.
The second phase will then:
- Focus on implementing the action plan, with an emphasis on supporting new tariffs;
- Build policy and regulatory authority; and
- Assist the Tajik government in drafting legislation that would support Kayrakkum’s owner, Barki Tojik.
“In Tajikistan, the modernization of the Kayrakkum hydropower plant will address the energy security needs of 2.4 million people in the northern Sughd region in the face of increasing climatic variability,” EBRD said in a statement. “GCF support will enable best international practices on climate risk management to be introduced to the Tajik hydropower sector.”
Located on the Syr Darya River, Kayrakkum (also spelled Kairakkum or Qairokkum) was commissioned in 1959. The rehabilitation is expected to increase the plant’s cumulative output capacity to about 174 MW.
EBRD recruited Austrian firms in 2012 for a feasibility study of rehabilitating Kayrakkum. The government has also previously took bids for a flood early warning system and for geotechnical investigation and instrumentation works at the project.
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