On June 16, Tajikistan’s lower house of parliament approved a protocol amending the agreement with Russia on the operation of the Sangtuda-1 Hydropower Plant (HPP). The revisions aim to stabilize the financial position of the national energy company “Barqi Tojik” and restructure existing debt, reports Asiaplus.tj.
The amended agreement sets the joint capital share at $847 million. Starting in 2025, preferential electricity tariffs will be introduced: 1.5 cents per kWh initially, gradually increasing to 2.2 cents by 2032. The investment payback period has been extended from 20 to 35 years, until 2048. Tajikistan’s debt to Russia—over $297 million—is expected to be fully canceled by 2034.
According to analysis, the financial benefit of the revised terms will amount to $588 million between 2025 and 2049.
About the Plant:
Sangtuda-1 HPP is a joint Tajik-Russian project, with Russia holding a 75% minus one share and Tajikistan owning 25% plus one share. Construction took place from 2005 to 2009. The first hydropower unit was commissioned in January 2008, with full capacity reached by July 2009. Since its launch, the plant has generated over 34.7 billion kWh of electricity.
Located in Tajikistan’s Khatlon region, 110 kilometers south of Dushanbe, the station has a capacity of 670 MW - making it the country’s second-largest hydroelectric facility after the Nurek Dam. It provides approximately 10% of Tajikistan’s total electricity generation.
Meanwhile, Tajikistan is actively constructing the Rogun Hydropower Plant on the Vakhsh River - the most ambitious energy project in Central Asia. Once completed, the dam will rise 335 meters, becoming the tallest in the world. With a planned capacity of 3,780 MW, Rogun will become the region’s largest hydropower station.
CentralasianLIGHT.org
June 17, 2025