DUSHANBE, August 23, Asia-Plus — Iranian company Sangab, which implementing agency for the Sangtuda-2 hydroelectricity project in Tajikistan, has already started construction of a building of the Sangtuda-2 hydropower plant, Asia-Plus has learned at the Ministry of Energy and Industries (MoEI).
The source at a MoEI said that work at the site for the Sangtuda-2 station is carried out in accordance with schedule. “However, it is necessary to speed up the construction work in order to build the station not in 3½ but in three years,” said the source, “In the near future, Tajikistan is going to make appropriate proposals on this issue to the Iranian side.”
Once the station’s building is finished, they will start construction of other facilities, including tunnels, water-intake facilities and dam.
We will recall that under an agreement that the two countries’ energy ministries signed in Tehran in June 2005, Iran contributes $180 million and Tajikistan $40 million.
The 220-megawatt station will have two generators that will allow it generating up to one billion kWh of electrical power per year.
Iran’s
Iran Daily
(September 9, 2006) said that the Export Development Bank of Iran (EDBI) had agreed to finance a dam and power plant construction project to be implemented by an Iranian company in Tajikistan as part of efforts to boost the export of technical and engineering services. According to Fars news agency, the bank provides funds from the Foreign Exchange Reserve Account.
The bank reportedly meets 70 percent of the cost of the $256-million project. The Iranian contractor, Sangab Company, will repay the credit in 20 installments over a 10-year period.
Once the station is finished., Iran will operate it during 12 ½ years and then transfer to Tajikistan.
It is also supposed that after construction of the Sangtuda-2 hydropower a power grid will be built from Tajikistan via Afghanistan to Iran.
