The Abu Dhabi Fund for Development (ADFD) has signed a loan agreement with the Government of the Republic of Tajikistan to finance the Rogun hydroelectric power station, with funding valued at AE$376m.
The agreement was signed on 5 February during the World Governments Summit 2026 by H.E. Mohammed Saif Al Suwaidi, Director General of ADFD, and H.E. Faiziddin Qahhorzoda, Minister of Finance of the Republic of Tajikistan, in the presence of officials from both sides.
The Rogun hydroelectric power station is being developed on the Vakhsh River in southern Tajikistan as part of efforts to strengthen energy security and water resilience. The financing is provided within the framework of the Abu Dhabi Global Water Platform launched by ADFD.
Construction of the project began in 1976 during the Soviet era but was interrupted following independence and resumed in 2016. The scheme centres on a clay-core rockfill dam designed to reach 335m in height, which would make it the tallest dam in the world upon completion. The hydropower plant is planned to include six generating units and a total installed capacity of around 3.6GW. Two units have already been commissioned, with full completion targeted later this decade. The project is expected to deliver more than 13TWh of electricity annually and support domestic supply as well as regional power exports.
H.E. Mohammed Saif Al Suwaidi said: “The agreement with our partners in the Government of the Republic of Tajikistan, reaffirms ADFD’s strategic role in supporting global prosperity and advancing sustainable development.”
H.E. Faiziddin Qahhorzoda stated: “We extend our sincere appreciation to the UAE for its leadership and continued commitment to supporting the national development goals of partner countries. This development-oriented approach reflects the essential role played by ADFD in reinforcing the foundations of sustainable development through the financing of high-impact projects that contribute to progress and prosperity for communities worldwide.”
