Technical Committee of the Economic Commission Reviews $3.8 Billion Electricity Development Plan and Strategic Initiatives

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Tue, Dec 05 2023 11:57 AM
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The Technical Committee of the Economic Commission convened at Marmarin Palace to discuss key agenda items. The Ministry of Water and Energy presented a five-year development plan for the electricity sector, valued at $3.8 billion, which was provisionally approved pending final Economic Commission approval. The plan aims to achieve power generation self-sufficiency through approximately 200 projects. Additionally, a committee, led by the Ministry of Industry and Commerce, was tasked with allocating land to the Afghanistan Carpet Producers and Exporters Association. A comprehensive investigation and report submission to the next committee meeting were mandated. Furthermore, a committee comprising representatives from the Ministries of Justice, Finance, Mines and Petroleum, and Water and Energy was assigned to negotiate a tripartite agreement for natural gas-based electricity production. The agreement involves Da Afghanistan Breshna Sherkat, Afghan Gas Enterprise, and Bayat Power. A thorough investigation and subsequent report submission were requested for the next committee meeting.

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