The Asian Development Bank (ADB) announced today the approval of a $21 million grant aimed at bolstering renewable energy resources in Tajikistan. The grant will be used to modernize the Golovnaya hydropower plant, a critical step in enhancing the country’s energy infrastructure.
The additional financing will focus on replacing power generation unit 4 at the Golovnaya plant. This unit, which was not included in the ADB’s original project from 2013, has been out of service since 2019 due to mechanical damage, according to Xinhua news agency.
Also Read: Uncovering The Crisis In Bangladesh And The Disappearance Of Sheikh Hasina
The ADB’s earlier initiative involved a grant of $136 million to refurbish five of the plant’s six power generation units. With this latest round of funding, the plant’s total installed capacity is set to increase from 240 megawatts in 2012 to 274 megawatts by 2026, the bank stated.
This modernization effort aligns with Tajikistan’s goals to expand its renewable energy capacity and support sustainable development in the region.
After a major sell-off earlier in the week, Adani Group stocks, led by Ambuja Cements…
A sharp rally in financial stocks and encouraging US labor market data fueled the uptrend.…
PM Narendra Modi held 31 bilateral meetings and discussions during his visit to Nigeria, Brazil,…
These words were added during the 42nd Amendment in 1976, under the tenure of Prime…
During the hearing, the Supreme Court clarified that the six MLAs removed as Chief Parliamentary…
Bumrah’s 4-17, backed by Mohammed Siraj and debutant Harshit Rana, helped India seize the momentum…