Tajikistan starts renovating Nurek HPP, cost estimated at $700 million
DUSHANBE. March 20 (INTERFAX) - Tajikistan has begun renovating the Nurek Hydropower Plant (HPP), the country's largest, which belongs to the state energy holding Barqi Tojik.
The presidential press service said that President Emomali Rahmon took part in a ceremony marking the official launch of the project. According to the feasibility study, the renovation and modernization of the plant will cost $700 million, take 10 years, and be carried out in two stages, as funds become available. $326.9 million has been raised.
The first stage is scheduled to last from 2019 to 2020 and the second from 2024-2028.
The plant's capacity will grow from the current 2,600 MW to 3,300 MW through the replacement of ageing equipment.