Implementation of Energy Law / Unbundling of Barki Tajik |
Barki Tajik is the state-owned utility responsible for generation, transmission, and distribution of electricity in Tajikistan . Prior to the country's independence, Barki Tajik was a Government agency and it became a state joint stock holding company in 1992 wholly owned by the Government of the Republic of Tajikistan . Recently, Barki Tajik underwent a major organizational change where it became a department within the Ministry of Energy. The Government plans to unbundle Barki Tajik and create an enabling environment for private sector investment in the power sector, a contract for which was awarded to Corporate Solutions in association with Kema and Lawfort. The main objectives of this project are to create three independent companies by unbundling Barki Tajik: (i) Tajik Generation (Nurek and Baipazza); (ii) the generation, transmission and distribution in the north (Leninabad region); and (iii) the generation, transmission and distribution in the south (main grid); implement Energy Law; and ensure that the newly created companies are financially sustainable though developing detailed budget for each companies, defining sustainable level of tariff and tariff path for 2004-2009 and developing financial forecast and designing appropriate capital structure. |