Projects Database Map: Dushanbe E-Mobility
Remarks
-
Beneficiary
TJK
Start / End year
2021 - -
Sector
Climate
Sub-sector
Green Economy
Project description
A senior secured loan of up to USD 3.0 million ("Loan") to Sayohon LLC ("Company"), a private ride-hailing company incorporated in the city of Dushanbe ("City"), Tajikistan. Proceeds of the Loan and the shareholder's contribution will be used to finance the acquisition of up to 100 electric vehicles ("EV"s) and 30 EV charging infrastructure at the Company's depot as well as at selected locations across the City (the "Project"). The Company will be further supported by an incentive grant of up to USD 0.5 million financed by the Global Environment Facility ("GEF") under the Finance and Technology Transfer Centre for Climate Change ("FINTECC"). The grant is payable after the purchase, installation, and commissioning of the eligible technology, including EVs and charging infrastructure.
Expected Results
Green (primary): the Project will improve urban transport services and support Dushanbe GCAP objectives, resulting in a considerable reduction of greenhouse gas emissions and air pollutants. Inclusive (secondary): the Project will generate new demand for skills and job opportunities for EV drivers, as well as the development of labour market for EVs operation and maintenance.
Project Phases
-
Implementing agency
EBRD, EBRD
Main partner
EBRD
Total budget by main partner
$ 2,693,490
Co-financing
Yes - Beneficiary
Budget of co-financing
€ 897,830
Total budget (original)
$ 3,000,000 (Exchange rate: 0.89783)
Loan budget
-