The Government of Tajikistan has decided to buy shares of the Sangtuda-1 hydroelectric power plant (HPP) 2019 from the population at par value.
The Government has ordered to allocate 10 million somoni to buy the Sangtua-1 HPP share from physical and legal entities at par value – 100 somoni (equivalent to US$10.5) per share, Sirojiddin Ikromi, the head of Amonatbonk (Tajikistan’s savings bank), told reporters in Dushanbe on February 5.
Recall, the State Committee on Investments and Management of State-owned Property and Directorate for the Cascade of HPSs on the Vakhsh River founded the OJSC Sangtuda in 1996 and the first emission of shares for Sangtuda HPS was carried out that year.
The face value of one share was equivalent to $10.00. The shares were distributed among legal and physical entities. Money received from realization of the securities has been deposited on a special bank account in Amonatbonk.
