The move is designed to stabilize the finances of Barqi Tojik, Tajikistan’s state energy company. The joint venture’s authorized capital has been set at $847 million.
Under the new terms, electricity tariffs will drop significantly—from the current 3.168 cents per kilowatt-hour to 1.5 cents starting in 2025, increasing slightly to 2.2 cents by 2032.
The investment return period has been extended from 20 to 35 years, pushing the final repayment date to 2048. The deal allows Tajikistan to cancel the full debt over 2025–2034, with an estimated total benefit of $588 million by 2049.
This restructuring reflects the long-term energy cooperation between Moscow and Dushanbe.
