Search EN menu en EIB GROUP CLIENT PORTAL
Search
Results
Top 5 search results See all results Advanced search
Top searches
Most visited pages

    Signature(s)

    Amount
    € 30,000,000
    Countries
    Sector(s)
    Tajikistan : € 30,000,000
    Energy : € 30,000,000
    Signature date(s)
    24/05/2019 : € 30,000,000

    Summary sheet

    Release date
    8 February 2017
    Status
    Reference
    Signed | 24/05/2019
    20110652
    Project name
    Promoter - financial intermediary
    REHABILITATION OF KAIRAKKUM HPP
    OSHC BARKI TOJIK
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 30 million
    EUR 198 million
    Location
    Sector(s)
    • Energy - Electricity, gas, steam and air conditioning supply
    Description
    Objectives

    The project involves the rehabilitation of the hydro-mechanical and electro-mechanical equipment at the Kairakkum hydro power plant, including the replacement of all turbines and dam safety improvements.

    The rehabilitation project is expected to increase the efficiency, total capacity and total annual generation of the power plant, therefore improving the security and reliability of electricity supply in northern Tajikistan. The project is also intended to raise the safety level of the power plant, the dam and the reservoir while strengthening the resilience of the plant against the adverse effects of climate change.

    Environmental aspects
    Procurement

    The technical assistance provided to the project included an environmental and social impact assessment carried out by a consultant. The planned rehabilitation works do not affect the water ways and are expected to have limited negative environmental and social impact, mainly relating to refurbishment and construction works, which can be mitigated by using appropriate working practices. The project encompasses some positive impact related to increased safety and climate change adaptation. During appraisal the Bank will review the environmental and social process and documentation to ensure alignment with Bank requirements.

    The Bank will require the promoter to ensure that implementation of the project is done in accordance with the Bank's Guide to Procurement.

    Under ELM Guarantee

    This operation is covered by the ELM Guarantee.

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
    They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Documents

    Environmental and Social Data Sheet (ESDS) - REHABILITATION OF KAIRAKKUM HPP
    Publication Date
    6 Jun 2018
    Document language
    Main Topic
    Lending
    Document Number
    68164919
    Document Focus
    Environmental Information
    Project Number
    20110652
    Sector(s)
    Countries
    Publicly available
    Download now
    Environmental and Social Impact Assessment (ESIA) - REHABILITATION OF KAIRAKKUM HPP - Environmental and Social Action Plan
    Publication Date
    22 Aug 2022
    Document language
    Main Topic
    Lending
    Document Number
    159697604
    Document Focus
    Environmental Information
    Project Number
    20110652
    Sector(s)
    Countries
    Publicly available
    Download now

    General enquiries and comments

    The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
    Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
    Alternatively, the EIB can be contacted through its external offices.
    Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

    Media enquiries

    Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

    Complaints mechanism

    Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

    Zero tolerance against fraud and corruption

    The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

    Related publications