Tajikistan looks to EBD to fund Nurek Hydro Power plant

Nurek hydropower plant TajijkistanTajikistan is negotiating with Eurasian Development Bank (EDB) and several other financial institutions to raise the funds it requires to upgrade its Nurek hydro power plant, it was reported this week and needs $600m to complete the project.
“The Nurek HPP was built 44 years ago and still remains the main source of electricity and heat for the country’s population… industries, social and agricultural sectors,” Tajik President Emomali Rakhmon said during a visit to the plant this week.
Built in the shadow of the world’s tallest earth-rock-fill dam, the Nurek hydropower plant produces over 70% of the landlocked nation’s electricity.