Tajikistan solar panel on loan

Will 200MW solar IPP be Tajikistan's First competitively procured PPP project?

Despite significant progress in planning and land acquisition, it is recognized that developing a 200MW solar IPP as Tajikistan’s first competitively procured PPP project will be a challenging process for the following reasons:

How much energy does Tajikistan generate?

The total installed generation capacity of Tajikistan is 6,058 MW (Figure 1) and HPPs account for 88 percent. The 3,000 MW Nurek HPP, with a seasonal reservoir, is the largest generating plant. It generates 50 percent of the total annual energy and is also the balancing plant in the system.

What is the power supply mix in Tajikistan?

Electricity supply mix is dominated by hydropower and, as of today, the countries’ generation pool does not include any other renewable power at utility scale. The total installed generation capacity of Tajikistan is 6,058 MW (Figure 1) and HPPs account for 88 percent.

How did Tajikistan finance the budgetary deficit?

Tajikistan financed the budgetary deficit by borrowing from international organizations through emergency lending mechanisms rolled out globally in the context of the pandemic. The volume of public debt rose to 50 percent of GDP by the end of 2020.

Which generating plant generates the most electricity in Uzbekistan?

The 3,000 MW Nurek HPP, with a seasonal reservoir, is the largest generating plant. It generates 50 percent of the total annual energy and is also the balancing plant in the system. Electricity exports increased from 1,350 GWh to almost 3,000 GWh in 2019 due to resumption of exports to Uzbekistan.

Is Tajikistan a risky country?

c. Relatively low risk adjusted investor reward: the size of Tajikistan’s economy is modest at GDP of USD 8.1 billion in 2019, and the country rating is “B-“from S&P / “B3” from Moody’s. The country is currently estimated to have high debt distress risk.