Domestic and foreign financiers are revealing an increased interest in buying the electricity-producing sector in Afghanistan, the Ministry of Energy and Water says.According to the spokesperson of the Ministry of Energy and Water, Matiullah Abid, keen interest has been revealed by financiers from Turkey, Iran, Tajikistan, Uzbekistan and China.Afghanistan currently produces only 20% of its energy requires, while 80% of its electrical energy is imported from Uzbekistan, Tajikistan, Turkmenistan, and Iran at an expense of about $300 million a year.Since gaining back control of the nation in August 2021, the Islamic Emirate has made it a priority to encourage domestic production of power.Omar has actually met potential investors on various occasions and has actually motivated them to invest in the sector.Da Afghanistan Breshna Sherkat (DABS) today revealed it had signed a contract for the purchase of electrical energy from Uzbekistan for the year 2025.
This agreement was checked in Tashkent by DABS CEO Abdul Bari Omari.Late last month, Tajikistan&& s national electrical power business, Barqi Tojik, and DABS signed a comparable arrangement for 2025.
According to Barqi Tojik&& s press secretary, Kurbon Ahmadzoda, the contract is anticipated to be extended annually up until 2028.
The post Investor interest growing in Afghanistan&& s power-generating sector first appeared on Ariana News.
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