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Financial Times Information Limited - Asia Africa Intelligence Wire - INVESTORS SET TO GIVE OVER 30m DOLLARS TO EASTERN TAJIK POWER SUPPLY SYSTEM - 2003-01-18

Posted July 9th, 2009 by heritage
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INVESTORS SET TO GIVE OVER 30m DOLLARS TO EASTERN TAJIK POWER SUPPLY SYSTEM - 2003-01-18
Date: 
Saturday, 2003, January 18
Location: 
Source: 
hoovnews.hoovers.com/fp.asp?layout=displaynews&doc_id=NR20030118670.2_ad2b00030f8a2b9e

Investors set to give over 30m dollars to eastern Tajik power supply systemKhorugh: Investors, among which are the Aga Khan Foundation, the World Bank and the Swiss government, intend to invest over 30m dollars in the development of the [eastern Tajik] Badakhshon electric power supply system.

A Varorud correspondent learnt this at the Pamir Energy Company, which has been managing the region's integrated power supply system since 1 December 2002. At present the region's power supply system is in a deplorable state. Its equipment is completely worn-out, and glitches happen frequently, which result in unplanned interruptions in the supply of power every day. The Aga Khan Fund for Economic Development [AKFED] allocated about 450,000 dollars for the reconstruction of the facility over the past two years.

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