Afghanistan signed a $160 million solar photovoltaic and wind power project deal with the US Agency for International Development (USAID), Turkey, and India that will bolster its grid by 110 megawatts in the next 16 months.
The projects would rise in Kabul, Balkh, and Herat.
According to Lima Khoram, policy and development chief at the Afghan Finance Ministry, the implementation of these projects will not only help improve its energy sector but would also help other sectors benefitted by the energy supply.
The projects are going to be the country’s biggest investment in solar power so far, says Wahidullah Tawhidi, a spokesman for the country’s main power producer, DABS.
Among the projects is a photovoltaic station to be built in the northern Balkh province and designed to produce 40 megawatts of power.
The western Herat province would host a solar and a wind power plant with a capacity of 25 megawatts each.
The fourth project is a floating solar power station to be installed at Naghlu dam, east of Kabul.
The country can only generate 400 megawatts from its dams and had to import 1,200 megawatts Tajikistan, Uzbekistan, Turkmenistan, and Iran.
Afghanistan requires 7,500 megawatts to provide electricity for its nearly 33 million population.
The renewable energy agreement is expected to encourage more foreign investment.
Talha Hidayat, director-general for public-private partnership at the Finance Ministry, said that nine national and international firms had shown interest in investing in 16 projects worth $3.1 billion, which include two power dams and involve the agricultural and telecommunications sectors.


Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility
Russian Stocks End Mixed as MOEX Index Closes Flat Amid Commodity Strength
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target
Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality
Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm
South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom 



