Dushanbe, Tajikistan, March 23 The European
Bank for Reconstruction and Development (EBRD) and Tajikistan’s
Shabakhoi Intikoli Barki company have signed a 2 million euro grant
agreement for technical support on the “Modernization of the
Sughd-500 Substation” project, Trend reports via the EBRD.
The grant, allocated by the Government of Japan, aims to enhance
the stability of Tajikistan’s power grid, promote the integration
of renewable energy sources, and improve regional
interconnectivity.
According to the Ministry of Energy of Tajikistan, the project
is of critical importance for strengthening the country’s energy
infrastructure and expanding its regional energy network
connections.
In 2024, the EBRD saw a fourfold increase in its annual
investment in Tajikistan compared to 2023, signing 23 projects
worth a total of 88 million euro. More than 62 percent of these
investments, fully aligned with the Paris Agreement, were directed
towards supporting green economy initiatives. Additionally, 61
percent of the projects focused on inclusive lending.