Tajikistan, EBRD Sign Agreements to Modernize Electricity Infrastructure
Dushanbe, The Gulf Observer: The Ministry of Finance of Tajikistan and the European Bank for Reconstruction and Development (EBRD) have signed loan and grant agreements to implement the “Energy Loss Reduction” project, aimed at modernizing electricity metering infrastructure and installing power meters across distribution networks in the Khatlon and Sughd regions, media reports said.
The agreements, totaling €43 million, include €28 million in loan financing from the EBRD and €15 million in grant funds provided by the EU’s Asia-Pacific Investment Fund.
The documents were signed by Tajikistan’s Finance Minister Faiziddin Kahhorzoda and EBRD Permanent Representative in Tajikistan Holger Wifel.
The project is expected to enhance efficiency in Tajikistan’s power sector by reducing energy losses, strengthening distribution infrastructure, and ensuring a more reliable electricity supply for households and businesses.
