KABUL (Pajhwok): A Chinese consortium, Afghan Yuchang (AYCC) Investment Company, plans to invest in generating nearly 400 megawatts of electricity from coal in Kabul and northern Takhar province.
Luo Zongchun, a representative of AYCC, met Da Afghanistan Breshna Sherkat (DABS) Chief Executive Officer Mullah Abdul Haq Akhundzada, the power utility said in a statement.
The statement added that the two sides discussed investment in coal-fired power generation projects in Afghanistan.
Akhundzada assured the Chinese delegation that all conditions for investment in the power sector were now in place, saying investors could confidently engage in electricity generation and infrastructure development.
For his part, Luo said his company intended to invest in a 60-megawatt coal-fired power project in Kabul and a separate 320-megawatt power generation project in Takhar province.
He added that work would initially begin on the 60MW project in Kabul.
DABS said projects aimed at expanding domestic power generation sources were progressing more rapidly than ever before, adding that work was underway on several initiatives which, once completed, would largely meet electricity demand and help boost industry and trade in the country.
kk/sa
