|Title:||Implementation of Energy Law / Unbundling of Barki Tajik|
|Dates:||August, 2005 - April, 2007|
|Partner:||Kema Consulting; Lawfort|
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 fully 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 planned to unbundle Barki Tajik and create an enabling environment for private sector investment in the power sector. The main objectives of this project were 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).
Carried out by implementing Energy Law and ensuring that the newly created companies are financially sustainable through developing detailed budget for each company. Defining sustainable level of tariff and tariff path for 2004-2009 and developing financial forecast and designing appropriate capital structure.