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WORLD BANK TO FUND ENERGY INDUSTRY IN TAJIK MOUNTAINS - 2002-10-08

Date: 
Tuesday, 2002, October 8
Location: 

Washington, 8 October: The World Bank has decided to support the development of power engineering in one of the world's regions most difficult of access, Tajikistan's Mountainous Badakhshon Autonomous Region. The World Bank daughter organization, International Financial Corporation, and the Aga Khan Foundation have agreed to invest about 8m dollars each in the new Pamir Energy Company, which will control the power stations and distribution networks that exist in the region. It will also complete the construction of the Pamir-1 hydropower station near Khorugh and double its capacity from 14 to 28 MW.

person_place_reference: 
H.H. Prince Karim Aga Khan IV


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