Tajikistan’s Minister of Finance Fayziddin Qahhorzoda and Director-General of the Abu Dhabi Fund for Development (ADFD) Mohammed Saif Al Suwaidi have signed a financing agreement for the construction of the Roghun Hydropower Plant (HPP). The document was signed on February 4 in Dubai, the Ministry of Finance of Tajikistan reported.
Under the agreement, the Abu Dhabi Fund Development will provide $100 million for the project. The funding is intended to advance construction and infrastructure works under Lot 2 of the country’s strategic Roghun hydropower project.
Lot 2 covers key construction stages, including the installation of hydropower equipment, construction and outfitting of the powerhouse, electrical works, as well as infrastructure and auxiliary facilities.
The Ministry of Energy and Water Resources of Tajikistan previously said that some financing agreements signed with international partners have already entered into force. Activating agreements concluded in 2024–2025 required meeting a number of conditions, which took time.
According to the ministry, external financing will help accelerate project implementation in 2026 and ensure the commissioning of the third unit on schedule. At present, construction of the Roghun plant is being financed entirely from domestic resources.
Official data show that agreements with development partners totaling more than $2 billion have been secured for the project. These include grants from the World Bank ($650 million), loans from the Asian Infrastructure Investment Bank ($500 million), financing from the Islamic Development Bank and Arab funds ($450 million), and a $50 million grant from the Qatar Fund for Development. Negotiations are also under way to attract an additional $1.7 billion.
Since 2008, more than 48.1 billion somoni have been spent on the Roghun project from the state budget and other sources. Construction work is nearly 60% complete, according to the Ministry of Energy. The dam has reached an elevation of 1,116 meters above sea level and a height of 151 meters.
As of December 31, 2025, the two temporary units of the Roghun Hydropower Plant have generated a total of 9.9 billion kilowatt-hours of electricity since their commissioning.
With an installed capacity of 3,780 MW, the Roghun HPP will become the largest hydroelectric facility in Central Asia. Once fully operational, annual electricity generation is expected to exceed 14.5 billion kWh. The powerhouse will house six units with a capacity of 630 MW each, with the final unit scheduled to be launched in 2029.
Two units currently operate at reduced capacity; they were commissioned in 2018 and 2019.
Meanwhile, Emirates news agency WAM cited Al Suwaidi as saying that the Roghun HPP contributes to strengthening energy security by providing sustainable, reliable, and affordable electricity to meet growing demand. It also enables the creation of significant water storage capacity and supports the integration of regional electricity markets.
According to him, the project also enables the storage of approximately one billion cubic meters of water for power generation, irrigation support, and the provision of drinking water for communities, delivering a wide-ranging developmental impact that extends beyond Tajikistan to the broader Central Asia region.
