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Minister does not rule out that Roghun HPP’s shares can be printed in Tajikistan

DUSHANBE, November 21, 2009, Asia-Plus  — Shares of the Roghun hydroelectric power plant (HPP) will be issued in time – by the end of this year, Minister of Finance Safarali Najmiddinov said in an interview with Asia-Plus. According to him, the shares will be packed with anti-counterfeiting measures.  “We are currently choosing a country, in […]

Avaz Yuldashev

DUSHANBE, November 21, 2009, Asia-Plus  — Shares of the Roghun hydroelectric power plant (HPP) will be issued in time – by the end of this year, Minister of Finance Safarali Najmiddinov said in an interview with Asia-Plus.

According to him, the shares will be packed with anti-counterfeiting measures.  “We are currently choosing a country, in which the shares will be printed,” Najmiddinov said.

However, the minister added that it could not be ruled out that the shares would be printed in Tajikistan itself.  “We have all necessary equipment for this,” he stressed.

Najmiddinov noted that the face value of share was expected to be 100 somoni.  “We are currently studying the issue of selling the shares to foreign citizens,” the minister said.

He noted that some 770 million U.S. dollars were needed to introduce the first line of the station into operation.  

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