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Germany pledges 69 Million Euros for power production in northern Afghanistan

in Afghan Business

Germany pledges 69 Million Euros for power production in northern Afghanistan

mohammad ismail khanThe German development bank Kreditanstalt für Wiederaufbau (KFW) signed an agreement worth Euros 69 million with the Ministry of Water and Energy for power production projects in northern Afghanistan.

The KFW in-charge said 27 million Euros would be spent for production of power in Samangan’s capital Aibank and Mazar-e-Sharif while 42 million Euros would be utilized in Baghlan’s Pul-e-Khumri city.

Addressing the ceremony, Water and Energy Minister Mohammad Ismail Khan said over 300MW of electricity is currently imported from neighboring Uzbekistan.  Majority of Afghans still lack proper access to electricity.

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