Sugd Energy Loss Reduction project

repaying

In June 2011, the Bank approved USD 10.15 million sovereign guaranteed loan to Barki Tojik for the supply and installation of new electricity meters, meter reading system and automated billing system, in the Sugd region of Tajikistan to reduce the existing level of electricity losses in the network, increase bill collection levels and improve quality of electricity supply. In 2016 during the implementation of the Project interim results were encouraging and Barki Tojik requested the Bank, and the Bank approved in 2016, an increase of the original loan by USD 4.0 million. The extension further reduced the electricity distribution losses by partial rehabilitation of related electricity distribution network equipment to reduce network losses and to improve quality of supply. Together these measures supported the transition of Barki Tojik to a profitable commercial entity.