Iran and Tajikistan have renewed a plan to build a hydroelectric power plant in Tajikistan.
The Iranian and Tajik energy ministers signed a protocol of intent on the project during a two-day visit to Tajikistan by Iranian President Mahmoud Ahmadinejad. The two countries first signed a protocol of intent to build the Aini plant in January. It would have an approximate capacity of 130 megawatts.
Ahmadinejad was expected to be present Monday for the launch of the first of the two generating units at the Sangtuda-2 hydroelectric power plant in Tajikistan. The plant, with a capacity of 220 megawatts, cost about $220 million to build, $180 million of which was borne by Iran. Iran is to receive the entire revenue for sales of its electricity for 12 1/2 years, after which Tajikistan would takeover full ownership of the plant.