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The Tajik government plans to revise the agreement concluded with the Russian government “in connection with the purchase of electricity from the Sangtuda HPP-1 in Russian rubles.”

This is one of the points of the Action Plan to prevent the impact of possible risks on the national economy, adopted by the Government of the Republic of Tajikistan on March 18 this year.

In accordance with the cooperation agreement concluded in 2009 between the governments of Tajikistan and Russia for the operation of the Sangtuda HPP-1, the electricity produced by this station is paid in US dollars.

Initially, the tariff was set at $0.0169 per 1 kilowatt-hour, excluding VAT. Since the beginning of 2010, the agreement provided for an annual increase in the tariff for the domestic market of Tajikistan by at least 4% from the previous year’s tariff level.

The only buyer of the electricity generated by the station is OJHK Barki Tojik, which, in turn, ensures its transmission, distribution and sale to end consumers in Tajikistan.