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.
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Kyrgyzstan has signed a series of cooperation agreements with China and Belarus at the Fifth Forum of Regional Leaders of Shanghai Cooperation Organisation (SCO) member states, underlining the country's growing economic engagement within the regional bloc.
A group of Azerbaijani civil society organisations has called for increased scrutiny of Swiss building materials giant Holcim, citing court rulings and ongoing investigations linked to its subsidiary Lafarge's activities during the Syrian conflict.
Kazakhstan has reiterated that no existing route can replace the Caspian Pipeline Consortium (CPC), which carries more than 80% of the country's crude oil exports through Russia to the Black Sea.
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