Afghanistan Secures $10 Billion Deal for 10,000 Megawatts of Electricity Generation

KABUL – Afghanistan’s Taliban administration has finalized a landmark $10 billion agreement to significantly boost the nation’s electricity capacity, aiming for the generation, transmission, and distribution of 10,000 megawatts. This enterprising project, formalized through a memorandum of understanding (MoU) between the Ministry of Water and Energy and Azizi Energy Private Company, signals a major step towards energy independence for the country.

The agreement, announced via a statement from the Deputy Prime minister for Economic Affairs Office on X, projects that Afghanistan will achieve complete self-sufficiency in electricity production within seven to ten years. Furthermore, the nation anticipates becoming an exporter of electricity to neighboring countries. This progress is also expected to create millions of new job opportunities for Afghans, contributing to economic recovery.

This $10 billion deal represents one of the most considerable economic agreements as the Taliban regained control of Afghanistan in August 2021. Mirwais Azizi, CEO of Azizi Energy, confirmed that the company plans to harness a diverse range of energy sources, including gas, coal, water, wind, and solar power, across various regions of Afghanistan. The initial phase of the project involves the completion of project designs within the