Tajikistan, EBRD sign loan and grant agreements for energy loss reduction project

The Ministry of Finance of the Republic of Tajikistan and the European Bank for Reconstruction and Development (EBRD) have signed loan and grant agreements to support the implementation of the “Energy Loss Reduction” project to modernize electricity metering infrastructure and install power meters across distribution networks in Tajikistan’s Khatlon and Sughd regions, Khovar reports citing press-office of the Ministry of finance of the country.

The total value of the agreements amounts to 43 million euros, including 28 million euros in loan financing and 15 million euros in grant funds provided by the EU’s Asia-Pacific Investment Fund.

The agreements were signed by the Minister of Finance of the Republic of Tajikistan, Faiziddin Kahhorzoda, and the Permanent Representative of the European Bank for Reconstruction and Development in Tajikistan, Holger Wifel

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