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Times of Central Asia
The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) are improving the sustainability and efficiency of Tajikistan s energy sector by financing power-distribution grid upgrades in the Khatlon region of the country, the Bank said on April 29.
A financing package of pound 35 million will be provided to Shabakahoi Taksimoti Bark (STB), a state-owned power utility responsible for electricity distribution in Tajikistan. The financing will consist of a pound 20 million sovereign loan provided by the EBRD and a pound 15 million investment grant provided by the EU under its Investment Facility for Central Asia (IFCA).
EBRD and EU help modernise electricity network in Tajikistan
Shabakahoi Taksimoti Bark
Introduction of billing and metering infrastructure The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) are improving the sustainability and efficiency of Tajikistan’s energy sector by financing power-distribution grid upgrades in the Khatlon region of the country. A financing package of €35 million will provided to Shabakahoi Taksimoti Bark (STB), a state-owned power utility responsible for electricity distribution in Tajikistan. The financing will consist of a €20 million sovereign loan provided by the EBRD and a €15 million investment grant provided by the EU under its Investment Facility for Central Asia (IFCA).