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Sustainable Financing for Rogun Hydropower Project

Abstract*

The Rogun Hydropower Plant Project (HPP) is an export-oriented green energy project, which once completed, will bring significant domestic and regional welfare benefits, contribute to the decarbonization of regional power grids in Central Asia (CA) and potentially transform the Tajik economy. The proposed US$650 million Multi-Phase Approach (MPA) operation (with Phase 1 for US$350 million) would support the completion of the Rogun HPP, which has been...

* The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature

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Development Objective

The objective of the Project is to increase supply of clean, affordable and climate resilient hydroelectricity for consumers in the territory of the Recipient and the Central Asia region by 2 TWh.

Key Details

Project Details

  • P181029

  • Active

  • Christopher Trimble , Manuel Berlengiero

  • Republic of Tajikistan

  • Tajikistan

  • July 14, 2023

  • (as of board presentation)

    December 17, 2024

  • N/A

  • US$ 5000.00 million

  • Rogun HPP Open Joint Stock Company,Directorate of the FLooding Zone,Rogun Project Management Group for the Power Plant Construction under the President of the Republic

  • Europe and Central Asia

  • 2025

  • US$ 2900.00 million

  • N/A

  • July 12, 2023

  • June 30, 2029

  • Yes

  • BANK APPROVED

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
EC: European Investment Bank 550.00
Asian Infrastructure Investment Bank 500.00
Bilateral Agencies (unidentified) 450.00
SAUDI ARABIA: Saudi Fund for Development 100.00
ABU DHABI: Abu Dhabi Fund for Arab Economic Development 100.00
Borrowing Agency 1250.00
OPEC FUND 100.00
Borrower/Recipient 2140.00
KUWAIT: Kuwait Fund for Arab Economic Development 100.00
Asian Development Bank 500.00
IDA Grant 350.00
Islamic Development Bank 150.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment 350.00
IBRD + IDA Commitment 350.00
Lending Instrument
Grant Amount 2550.00
Total Project Cost** 5000.00

Summary Status of World Bank Financing (US$ Millions) as of February 28, 2025

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No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of February 28, 2025

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No data available.
Period Financier Transaction Type Amount (US$)

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

No data available.