BAKU, Azerbaijan, December 23. Tajikistan’s energy investment needs are estimated to range between $4.7 billion and $7.6 billion by 2030, Trend reports referring to the Asian Development Bank (ADB).
According to the bank, energy efficiency investment needs of Tajikistan are expected to constitute the largest share - between $2.3 billion to $3.9 billion by the end of 2030.
"The investment needs in the generation sector, which are the second largest (between $1.7 billion and $2.2 billion), are expected to be led by renewable power (primarily hydropower) and the transmission and distribution sector - from $0.8 billion to $1.5 billion)," the ADB said.
The estimated amount of investment needs does not include further investments in the Rogun HPP because of the uncertain political and security situation along the main export corridor (including Afghanistan).
Meanwhile, the ADB noted that further legislative work is needed to establish the right conditions for private sector participation and to mobilize resources for an energy infrastructure modernization program in Tajikistan.