The EU plans to become the top investor in construction of the
giant hydropower Rogun plant in Tajikistan, Trend reports via Reuters.
Spokesman of the European Investment Bank (EIB) told Reuters
this week that the bank has now been asked by the European
Commission to become 'the largest investor' in the project.
However, it is unclear when the EU's plans could turn into
actual investments, but the EU official said that decisions could
be made by the final quarter of this year.
Rogun HPP, with its 335-metre-tall clay core rockfill dam which
the developers say will make it the tallest in the world once
completed, is anticipated to end Tajikistan's current power
shortages and enable the country to export electricity to
Uzbekistan and Kazakhstan.
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