DUSHANBE, September 11, 2009, Asia-Plus — Units manufactured for the Sangtuda-2 hydroelectric power plant (HPP) in China by order from Iranian company Sangab have already be delivered to the Iranian seaport Bandar Abbas and are expected to be transported to the station site in Tajikistan by the end of this year, the Iranian Ambassador to Tajikistan Ali-Asghar Shedoust told reporters in Dushanbe on September 10.
“The work is in full swing and I hope the station will be introduced into operation in time,” Iranian diplomat said.
We will recall that on January 12, 2005, Tajikistan and Iran signed a protocol in Dushanbe for Iran to complete the construction of Tajikistan”s Sangtuda-2 hydropower station. During President Rahmon’s visit to Iran in January 2006, a number of agreements providing for Iranian assistance for several Tajik infrastructure projects, including construction of the Sangtuda-2 HPP, were signed.
Construction of the stationed officially commenced on February 20, 2006. The budget for construction of the Sangtuda-2 station was estimated at some 220 million US dollars, comprising Iran’s preferential loan of US$180 million provided for ten years at 5 percent annual interest, and US$40 million equivalent of the Tajik government financing. Iranian company, Sangab, is constructing the station.
The rated capacity of the Sangtuda-2 station is 220 megawatt and it will generate 1 billion kWh of electrical power per year. Once the power station is built, all the revenue over the next 12.5 years will go to the investor, and Tajikistan will become the owner of Sangtuda-2 after this period expires.
