English | دری

ADB Lends $4mn For A Solar Project in Kandahar

in Afghan Business

ADB Lends $4mn For A Solar Project in Kandahar

The Asian Development Bank (ADB) has issued a $4 million loan to Barakat Kandahar Solar Energy for the development of a 15.1MW solar power plant.

The aid is aimed at helping the Afghan government to achieve the goal of generating 40% share/5,000MW of the country’s total energy capacity from solar by 2032.

The company will generate 27.5GW of electricity and as a result avoid 8,5000 tons of carbon dioxide emissions per annum.

The 15.1 MW solar power project will generate about 27.5 GWh of electricity annually and avoid 8,500 tons of cialis online ordering carbon dioxide emissions. It will also help lift the share of renewable energy in the country’s total installed power generation capacity up to 5,000 MW by 2032

ADB will also administer a $3.85 million loan from the Canadian Climate Fund for Private Sector in cialis in australia Asia II (CFPS II) for the project. CFPS II was established in March 2017 to support greater private sector participation in climate https://wadsam.com/shop/buying-levitra-online/ change mitigation and adaptation in low and lower-middle-income countries in Asia and the Pacific.

“Having a stable, sustainable, and reliable energy source is important for the growth and development prospects of Afghanistan, where power generation and access is one of the lowest in the world,” said Senior Public–Private Partnership specialist at ADB’s Office of Public–Private Partnerships Mr. Mohammed Azim Hashimi. “ADB’s support for this important project will help provide long-term financing that is not available locally to build and operate a state-of-the-art solar power plant in Afghanistan.”

Afghanistan’s solar capacity accounts for 1% (3MW) of the country’s total installed generational capacity of 220,000 MW.



Related Articles

Japan Contributes $2.7 MILLION To Boost WFP’S Food Assistance In Afghanistan

WFP welcomes a new contribution of $2.7 million from the Government of Japan which will enable WFP to provide food

JICA’s Precondition for Construction Projects of New Kabul City

JICA calls on the government to take charge of expropriation of private lands where new projects are to be implemented,

21st TAPI summit being held in Kabul today

The 21st summit of Turkmenistan-Afghanistan-Pakistan-India viagra cialis levitra wholesale (TAPI) gas pipeline is being held in Kabul today. Representatives of the mines and petroleum

No comments

Write a comment
No Comments Yet! You can be first to comment this post!

Write a Comment

online drug purchase levitra. Every discount drug order from Canada Drugs is backed by our No-Risk Guarantee that guarantees you 100% free shipping on every order. reply.

Your e-mail address will not be published.
Required fields are marked*

cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys wholesale nba jerseys discount nba jerseys