Pamir Energy is the first energy company in Tajikistan founded under a public-private partnership through a concession agreement. Pamir Energys initial focus is restoring and operating electrical infrastructure to international standards in Gorno-Badakhshan Autonomous Oblast (GBAO) in Tajikistan. Pamir Energy was formed on December 2002 under a public-private partnership agreement between the Government of Tajikistan, the Aga Khan Fund for Economic Development (AKFED) and the International Finance Cooperation. The financial partners of Pamir Energy are the International Development Agency (World Bank), the International Finance Corporation (IFC) and the Swiss Economic Cooperation Office (SECO). The company was founded as a private project and enjoys such rights.