Economic

Agreement Costing $150m Signed For Extension of Electricity Network To Ghazni

Saturday, March 29, 2014
Kabul (BNA) An agreement costing $ 150 million was signed the other day between the Afghanistan Breshna Company and two Indian
companies for expansion of power supply network in Afghanistan.
The agreement was signed between the ABS chairman Abdul Razaq Samadi and officials for Phoenix and KAC, the Indian companies while MoF Hazrat Omar Zakhailwal was present.
Before signing of the agreements Minister of Finance Dr. Omar Zakhilwal said, “The projects costing more than $ 151 million funded by USAID will be implemented in two stages.
Designing, delivering, installing and extending a 220 kvolt electricity line from Arghandi of Kabul to Ghazni will be implemented in the first stage, while designing delivering and constructing of a sub-station with the capacity of 220 kvolt in Sayedabad and Ghazni will be implemented in the second stage.” Meanwhile, GFA Company will be responsible for providing advisory services in the projects.
Chairman of the Afghanistan Breshna Company Abdul Razaq Samadi said the projects would be completed in 2018, adding the companies had enough experience in construction of sub-stations and extension of electricity.

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