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Breshna Sherkat and Finance Ministry sign agreement for power project

in Afghan Business

Breshna Sherkat and Finance Ministry sign agreement for power project

power projectFinance Minister Hazrat Omar Zakhilwal and Da Afghanistan Breshna Sherkat (DABS) CEO Abdul Razique Samadi signed the grant agreement with a Chinese-Pakistani firm for the expansion of the power network in northern Kunduz and Baghlan provinces.

Costing USD 3.51mn, the project is funded by the Asian Development Bank (ADB).

The power network would benefit as many as 20,000 families, according to Minister Zakhilwal.

This is a step towards making Afghanistan’s electricity self-sustainable. Afghanistan has recently faced many problems from neighboring countries importing electricity. The countries do not step forward to fix the power cables when needed. Furthermore, they cut the electricity supply, when political relations with them are not good.

According to the Water and Energy Ministry, 30 percent of the population has currently access to electricity. Sixty percent of the electricity is being imported from neighboring countries.

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  1. Khalid Pervez
    Khalid Pervez 10 January, 2013, 02:23

    Though the specific details about the project have not been provided, it must be of much significance. Of particular significance for us is the aspect that the project has gone to a China-Pakistan joint venture.
    I am interested in further details. Any help?

    Reply this comment
    • wadsam
      wadsam Author 10 January, 2013, 11:20

      I will share more details as soon as I get my hands onto it. As far as the joint venture is concerned, DABS has several other projects which are operated by JVs, example being Kunduz-Taloqan transmission line implemented by India-Pakistan JV. The reason is mainly to make use of the expertise of both companies.

      Reply this comment
  2. Khalid Pervez
    Khalid Pervez 12 January, 2013, 14:38

    I’ll wait for further details of this project.
    Wadsam is a wonderful portal to know development in a wide variety of areas and sectors.

    Reply this comment

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