The UNDP/GEF project “Technology Transfer and Market Development for Small-Hydropower in Tajikistan” (TT project) was approved on 19 January 2012 by the GEF and the project document was signed on 1 April 2012, which represents the official starting date of the project. The duration is four years with a total budget of USD 3,330,000 of which UNDP will provide USD 1,330,000. The implementing partners are the Ministry of Energy and Industry, Ministry of Economic Development and Trade of the Republic of Tajikistan, and the Closed Joint Stock Company “Barki Tojik”, the state monopolist of the electricity sector in Tajikistan.