China Invests over $5 billion in Tajikistan’s Energy Sector

@Asia-Plus

Since gaining independence, Tajikistan has implemented 35 energy projects with financial assistance from China of  over $5.3 billion, reports Tajikistan’s Ministry of Energy and Water Resources press service

The Export-Import Bank of China has provided $880 million in soft loans to support projects financed by the PRC include the Dushanbe TPP-2, the Dushanbe-500 and Sughd-500 500 kW electric substations, the South-North 500 kW power transmission line (263.8 km), Rogun (263.8 km), Rogun-Dushanbe (198 km), 220 kW substations in Lolazor, Khatlon, Aini, Shakhriston, and Shahrinav, as well as 220 kW transmission lines from Lolazor to Khatlon and from Khujand to Aini.

Tajikistan’s energy sector has also benefitted from direct investments of $197 million by Chinese companies.

Participants in the realization of investment projects in the country, as contractors and suppliers of equipment, currently include:  leading design and construction company, Power Construction Corporation of China Limited (Power China), electrical and photovoltaic company TBEA Company Limited, one of the world’s largest telecommunications companies, Huawei, energy company Sinohydro International Engineering, transformer equipment manufacturer Pinggao Group Co Ltd, and one of the largest electronics manufacturers Shenzhen Kaifa Technology.

Within the oil and gas sector, Tajikistan has established cooperation with China National Petroleum Corporation (CNPC). The company, which conducts geophysical work, will begin seismic exploration of an area covering thousands of square kilometres, at the end of July 2024.

Over the past year, memoranda on renewable energy development have been signed with TBEA and Powerchain leading to the funding and construction of a series of solar and wind power plants with a total capacity of 1,500 MW in Tajikistan.