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Turkish firm to invest $1.6b on TAP transmission line

· 1 min read · 509 views

KABUL under an agreement signed on Wednesday.

The Memorandum of Understanding (MoU) was signed between Afghan acting energy and water minister Mohammad Gul Khulmi and head of the Turkish firm Calik Holding company, Ahmad Calik, at a ceremony held at the Presidential Palace in Kabul.

Afghanistan and Pakistan will receive 1,000 megawatts of electricity annually from the project. Additionally, Afghanistan will receive $100 million annually in transit fee.

The 500kv power line, which will cover 750km in Afghanistan, is expected to be completed . . .

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