Anatoly Chubais, CEO of Russia’s Unified Energy Systems, said in early June that Russia, Tajikistan and Iran will hold a meeting in the next two to three months concerning the creation of a consortium to build the Sangtuda hydroelectric power plant in Tajikistan, according to the RIA Novosti news agency.

The 670MW plant will be built on the Vakhsh River at a cost of around USD483m. Its construction will allow Tajikistan to meet its electricity needs and export surplus electricity to Afghanistan.

The project is the first in a planned series of economic projects within the Eurasian Economic Community (EurAsEC). EurAsEC’s members are Belarus, Kazakhstan, Kyrgyzstan, Russia and Tajikistan. Armenia, Moldova and Ukraine have observer status.