Asian Development Bank grants loan to build solar-power plant in Afghanistan

Salaam Times

KABUL -- The Asian Development Bank (ADB) is granting a $4 million (316.6 million AFN) loan to build a 15 MW solar-power plant in Afghanistan, the ADB said in a statement on Tuesday (May 21).

The borrower is Barakat Kandahar Solar Energy, a company majority owned by the 77 Afghanistan engineering firm. 77 Afghanistan is a subsidiary of the Turkish company 77 Group.

"Having a stable, sustainable, and reliable energy source is important for the growth and development prospects of Afghanistan," ADB official Mohammed Azim Hashimi said in the statement.

Afghanistan ranks in the bottom 5% of countries in per capita electricity usage. Only 30% of Afghans were connected to the power grid in 2015. Solar power accounts for only about 1% of the Afghan energy mix.

The Afghan government plans to have renewable power, including solar, contribute at least 40% of the country's electricity by 2032.

The Kandahar Solar Power Project, when complete, will reduce annual carbon dioxide emissions by 8,500 tonnes. Its completion date wasn't disclosed.

Do you like this article?

2
0
No
1 Comment
Comment Policy Captcha
| 05-23-2019

electricity is the main point of the development of a country and afghanistan need more then any thing else for electricity

Reply