25 May 2009 Asia-PLUS Daily Blitz
KHOROG, May 25, 2009, Asia-Plus /Iftikhor Mirshakar/ — A new center for serving customers of the Pamir Energy Company (PamirEnergy) was opened in Khorog, the regional center of the Gorno Badakhshan Autonomous Region on May 22. Speaking at the center-opening ceremony, the PamirEnergy Director General Daler Jumayev noted that the company’s customers now had an opportunity to apply to the center on all issues related to power supply. The center is provided with up-to-date equipment and 12 trained specialists, working with the center, are available to answer the queries of the visitors of the center, he said. The ceremony was attended by Deputy Governor of Gorno Badakhshan Ibroimbek Ghozibekov, CEO of the Aga Khan Foundation (AKF) in Tajikistan Yodgor Fayzov, representatives from local authorities, international organizations and media. The PamirEnergy director general noted that the company has yielded positive results in providing the region with electrical power in recent years.
During last year and over the first four months of this year alone, a number of important projects have been implemented. Jumayev added that the GBAO electricity debts had reached 3.5 million somoni. Khorog accounts for 70 percent of the overall amount of electricity debts in the region. According to the GBAO economy and antimonopoly policy directorate, PamirEnergy has generated electricity for 4.677 million somoni over the first quarter of this year. Current electricity prices in Gorno Badakhshan are 2.47 cents per 1 kWh for residential customers and 4.55 cents for organizations. PamirEnergy, which is 70% owned by the Aga Khan Fund for Economic Development (AKFED) and 30% by the World Bank’s private finance division, the International Finance Corporation (IFC), has a 25 year concession on the assets formerly under the management on Barqi Tojik (Tajik electric systems) in GBAO. In exchange for this concession (management right), PamirEnergy invests in completing the Pamir
hydropower station, rehabilitating power generation, transmission and distribution assets, and improving the management of the company.