Iranians reportedly to pay 70% of cost of construction of heat and power station and synfuel plant in Vahdat

DUSHANBE, April 14, 2009, Asia-Plus — Construction of a 50-megwatt heat and power station and a synfuel plant in Vahdat, some 17 kilometers to the east of Dushanbe, will be a major topic of a meeting of Tajik entrepreneur Safarbek Nazarov with Iranian and Russian investors that is expected to take place in Dushanbe in […]

Daler Ghufronov

DUSHANBE, April 14, 2009, Asia-Plus — Construction of a 50-megwatt heat and power station and a synfuel plant in Vahdat, some 17 kilometers to the east of Dushanbe, will be a major topic of a meeting of Tajik entrepreneur Safarbek Nazarov with Iranian and Russian investors that is expected to take place in Dushanbe in May this year.

Speaking in an interview with Asia-Plus, Safarbek Nazarov said that a total cost of the project was 65 million euros and the meeting in Dushanbe was expected to result in signing of an agreement on a joint construction of the heat and power station and the plant for producing synthetic fuel in cooperation with partner from Iran and Russia.

”70 percent of funds needed for implementation of the project is provided to me in a form of preferential loan by my Iranian partners,” the entrepreneur said, noting that the loan should be repaid in ten years.  According to him, Russia’s Resursnefteprom will build the station and the plant.  The project will be finished in two years, he said.

Safarbek Nazarov is director of the coal deposit Sayod in eastern Tajikistan.  “The heat and power station that will work on coal will generate 420 million kWh of electrical power per year that is enough to meet requirements of the city of Vahdat in electricity,” said Nazarov, “Vahdat’s annual requirements in electricity are 220 million kWh and surplus electricity will be delivered to Dushanbe and the Fayzobod district.”

“As far as the synfuel plant is concerned, it will produce up to 35,000 tons of synthetic fuel obtained from coal per year,” Nazarov said, adding that the station and the plant will create totaling 1,000 new jobs. 

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