Afghanistan’s Taliban administration has signed a $10 billion deal with Azizi Energy to generate 10,000 megawatts of electricity, aiming for self‑sufficiency in power within a decade.
The memorandum of understanding was signed on Saturday between the Ministry of Water and Energy and Azizi Energy Private Company, the office of the Deputy Prime Minister for Economic Affairs said.
The plan involves electricity generation, transmission and distribution using gas, coal, water, wind and solar power in different parts of Afghanistan.
Mirwais Azizi, the company’s chief executive, said the project design would be completed in the next six months, with an initial phase producing 2,000 to 3,000 MW.
Officials said the initiative could make Afghanistan self‑sufficient in power within seven to 10 years and enable electricity exports. It is also expected to create jobs for millions of Afghans.
The deal is one of the largest economic agreements since the Taliban returned to power in August 2021.
Ukrainian and Russian negotiators began the second round of U.S.-brokered talks in Abu Dhabi on Wednesday, according to Ukrainian officials....
Uzbekistan is accelerating plans to expand uranium production and deepen international nuclear cooperation, positioning the sector as a pillar of long...
A landmark gathering of commercial and political minds has convened in the Kyrgyz capital, signalling a significant shift in Washington’s foreign po...
Syrian government security forces entered the Kurdish-controlled northeastern city of Qamishli on Tuesday (3 February), security sources and witnesses...
Israeli tank shelling and airstrikes killed at least 18 people, including four children, in Gaza on Wednesday, Palestinian officials said, as Israel h...
Ukrainian and Russian negotiators began the second round of U.S.-brokered talks in Abu Dhabi on Wednesday, according to Ukrainian officials.
Uzbekistan is accelerating plans to expand uranium production and deepen international nuclear cooperation, positioning the sector as a pillar of long-term industrial growth and resource security.
A landmark gathering of commercial and political minds has convened in the Kyrgyz capital, signalling a significant shift in Washington’s foreign policy approach towards the Eurasian heartland.
Israeli tank shelling and airstrikes killed at least 18 people, including four children, in Gaza on Wednesday, Palestinian officials said, as Israel halts the passage of patients through the Rafah border crossing into Egypt.
Talks with the U.S. should be pursued to secure national interests as long as "threats and unreasonable expectations" are avoided, President Masoud Pezeshkian posted on X on Tuesday (3 February).
Cuba’s Deputy Foreign Minister Carlos Fernández de Cossío has denied that Havana and Washington have entered formal negotiations, countering recent assertions by U.S. President Donald Trump, while saying the island is open to dialogue under certain conditions.
Mexico said it will stop sending oil to Cuba as U.S. President Donald Trump ramped up pressure on the Caribbean nation.
Web Summit Qatar 2026 opened in Doha on Sunday, drawing tens of thousands of founders, investors, policymakers and technology leaders to what organisers describe as one of the region’s largest digital economy gatherings.
Elon Musk’s rocket company SpaceX has acquired his artificial intelligence firm xAI, as the billionaire moves to bring more of his technology businesses under one structure.
Uzbekistan is accelerating plans to expand uranium production and deepen international nuclear cooperation, positioning the sector as a pillar of long-term industrial growth and resource security.
A landmark gathering of commercial and political minds has convened in the Kyrgyz capital, signalling a significant shift in Washington’s foreign policy approach towards the Eurasian heartland.
Syrian government security forces entered the Kurdish-controlled northeastern city of Qamishli on Tuesday (3 February), security sources and witnesses said.
Israeli tank shelling and airstrikes killed at least 18 people, including four children, in Gaza on Wednesday, Palestinian officials said, as Israel halts the passage of patients through the Rafah border crossing into Egypt.
Azerbaijan’s President Ilham Aliyev and Armenia’s Prime Minister Nikol Pashinyan met in Abu Dhabi, February 4, reaffirming momentum in their peace process and highlighting growing trade, connectivity and confidence-building measures.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment