Business
Afghanistan’s Bayat Power the Proud Winner of Asian Power Award 2023
Bayat Power, a trailblazer in Afghanistan’s independent power production sector, was on Wednesday night awarded the prestigious Asian Power Award 2023 for its groundbreaking gas-fired mobile power plant.
Combining creative business vision, bold financing, innovative technology, and dedicated leadership, Bayat Power pioneered Afghanistan’s emerging, independent power production sector in 2019 with the focus on providing the nation with affordable, reliable, and environmentally sustainable electricity that is desperately needed to improve the lives of Afghanistan households, communities, and businesses.
Considered a leading award ceremony for the power industry in Asia, the awards honor companies that have taken innovative and game-changing steps to address the effects of the climate crisis and meet the growing demand for energy.
In line with this, the awards ceremony is a celebration of excellence, innovation, and sustainability in the power sector, and provides a platform for industry players to network, share their experiences, and learn from one another.
On hand to accept the award on Wednesday night was Bayat Power’s CEO Ali Kasemi who said it was an honor and a privilege for the company to receive the accolade. He also said the award was an acknowledgement of the hard work and tenacity of Afghans in their quest for energy security and self-sufficiency in the power sector.
“Bayat Power is extremely proud that the Asian Power Awards have recognized our project as the Gas Power Project of the Year in Afghanistan. But we are even prouder of our continued efforts to improve the lives of Afghans across the country, enabling students to study at night, allowing health workers to provide critical services 24/7, supporting factory production, and lighting up cities, streets, mosques, and homes nationwide,” said Kasemi.
“We set out to relaunch a critical sector and prove that independent power producers can convert natural gas into electricity and bring light and warmth to Afghanistan and its people,” he added.
Bayat Power was established in 2013 and with its visionary and innovative leadership, the company is establishing the foundations of an emerging independent power producing sector in Afghanistan.
Currently providing electricity to hundreds of thousands of end-users and generating more than 300 million kWh annually, the project was structured as an innovative public-private partnership between Bayat Power, Siemens Energy, and Afghanistan government entities such as the Ministry of Mines and Petroleum, Afghan Gas Enterprises (AGE), Da Afghanistan Breshna Sherkat (DABS), and other international partners.
“This project has been a unique opportunity to match creative private sector investment with Siemens’ internationally renowned technical expertise to allow Afghanistan towards powering the next phase of the nation’s economic growth and energy security,” said Dr. Ehsanollah Bayat, Chairman of Bayat Power.
“We are committed to continue investing in Afghanistan’s energy sector to boost new industries, create jobs and train a new generation of Afghan engineers and technical specialists, who will help unlock the country’s vast energy potential.”
From the outset, the company has tapped into the nation’s abundant natural gas reserves to provide the people with a reliable supply of affordable and sustainable electricity.
In 2019, Bayat Power took a major step towards realizing their mission when they commenced the start of site work on Bayat Power-1’s 40MW gas-fired turbine, which achieved commercial operation later that year in Sheberghan. The plant uses Siemens Energy’s SGT-A45 mobile gas turbine for its economic efficiency, flexible deployment, and power density.
The foundation of the project meanwhile is the executed Power Purchase Agreement (PPA) with DABS in which DABS has agreed to purchase the power produced by Bayat Power.
Accepting the award on Wednesday night, Kasemi acknowledged DABS and thanked the authorities of Afghanistan’s power supply company for their support and continued cooperation with Bayat Power.
“I would like to thank DABS, the national utility company of Afghanistan, who have been an amazing partner for us and who also nominated us for the prestigious award,” he said. Kasemi also thanked the Honorable Chargé d’affaires for Afghanistan in Malaysia, Naqibullah Ahmadi, and all Bayat Power colleagues.
He pointed out that the Bayat Group is the largest private investor in Afghanistan and that Bayat Power is currently the only gas-powered plant in Afghanistan.
Bayat Power “has delivered almost one billion kilowatt hours to date,” he said, adding that the Siemens Energy’s SGT-A45 mobile gas turbine used by the company “is the only one in operation in the world”.
“Right now, Afghanistan is ripe for investment and has not seen this level of peace and security in many, many decades,” he said adding that “it is a great time to join us in investing there, especially in the energy sector as Afghanistan has vast amounts of resources.”
Bayat Power’s plant utilizes advanced and efficient technology, offering significantly more power and higher efficiency compared to other mobile gas turbines worldwide.
The project, in addition to generating significant tax revenues to the government, has created thousands of direct and indirect job opportunities for Afghans, contributing to the nation’s economic condition and fostering new technical skill sets amongst talented citizens.
Bayat Power’s partnership with state-owned enterprises for the country’s development has borne fruitful results – one of which is the recognition received by the Asian Power Awards, honoring Bayat Power as the Gas Power Project of the Year.
Shoulder-to-shoulder with other power giants
Bayat Power’s achievement at this year’s awards is an historic moment for both the company and the country as it follows in the footsteps of a number of world giants in the power sector that won the award in the past. This includes 2020 winner Seoul Power and 2019 winner Saudi Arabia’s ACWA Power, which has a massive footprint across 12 countries.
Another global giant to win an Asian Power Award was Tata Power Delhi Distribution Limited, which supplies electricity to over seven million people in North Delhi. Tata won an accolade at the 2021 Asian Power Awards.
This year was no different as exceptional projects, and initiatives were lauded at the Asian Power Awards ceremony and this year’s entries were judged by an elite panel of experts in the field.
In the Asian Oil and Gas category, the Saudi giant Aramco walked off with the Digital Transformation Initiative of the Year award,
Shell also secured three awards in the Oil and Gas category including the Digital Transformation Initiative of the Year award for Singapore and the New Product of the Year award for its Indonesia Lubricants Supply Chain.
Working for a better future
Welcoming Wednesday’s news, Naqibullah Ahmadi, Afghanistan’s Charge d’affaires in Kuala Lumpur, said after the ceremony that Afghanistan is progressing day-by-day and it is a matter of pride that Afghan companies can win awards alongside major international firms.
He said that round-the-clock efforts are needed to make the country prosperous as there are many projects to complete.
According to Ahmadi, Afghanistan now offers good opportunities in the Islamic Emirate’s quest for development and growth, and Afghans should join hands, unite, and work to rebuild and develop their country.
He called on Afghan traders abroad to return home and to take part in rebuilding Afghanistan by investing in the country.
Ahmadi also called on international companies to seize the opportunities available for investment in the country.
He in turn thanked the leadership of Bayat Power and Turkey’s 77 Group, which won an award in the Solar Power category, for investing in the country and maintaining high standards, that meet international regulations.
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Afghanistan, Uzbekistan sign 13 trade MoUs worth over $100 million
Thirteen trade and investment memorandums of understanding (MoUs) worth more than $100 million were signed between private sector representatives of Afghanistan and Uzbekistan during a conference held in Kabul on Saturday.
The conference, which brought together business leaders and officials from both countries, focused on expanding bilateral economic cooperation, increasing trade volume, and identifying new investment opportunities.
Speaking at the event, Nooruddin Azizi, Minister of Industry and Commerce of Afghanistan, said economic relations between Afghanistan and Uzbekistan have gained notable momentum in recent months. He stressed that Afghanistan is actively working to strengthen regional trade ties and create a more favorable environment for investors.
Azizi added that Afghanistan offers significant investment potential, particularly due to its available workforce and emerging opportunities across multiple sectors, and is ready to welcome joint ventures with foreign partners.
Officials from the Ministry of Industry and Commerce of Afghanistan said the government has facilitated around $2 billion in investment across various sectors over the past year, reflecting growing investor interest in the country’s economy.
The Uzbek delegation also reiterated its commitment to expanding economic relations with Afghanistan, describing the agreements as an important step toward deeper regional cooperation.
Amanbay Orynbayev, head of Uzbekistan’s Karakalpakstan delegation, said his country places strong emphasis on long-term, transparent, and reliable economic partnerships. He encouraged Afghan traders to take advantage of joint investment opportunities to access new regional markets.
The Afghan private sector welcomed the agreements, expressing hope that increased trade engagement and business exchanges will further strengthen economic ties between the two neighboring countries.
Officials noted that the total value of agreements signed between Afghanistan and Uzbekistan has now exceeded $1.5 billion. If implemented effectively, these commitments are expected to contribute to increased trade flows and broader economic growth in Afghanistan.
Business
New Afghanistan-China transport corridor launched via Turkmenistan
A new multimodal freight corridor linking China and Afghanistan via Turkmenistan has been officially launched, aiming to improve the speed and efficiency of overland cargo transportation across Central Asia.
According to the Turkmenistan Embassy in London, the country has become part of a newly established route designed to accelerate freight deliveries between China and Afghanistan.
The corridor, developed with the involvement of Uzbekistan Railways’ subsidiary Uztemiryulcontainer, covers approximately 7,400 kilometers and is expected to reduce transit time to around 30 days, improving overall logistics efficiency.
Under the new route, containers are transported by rail from China through the Altynkol station in Kazakhstan, continuing via Uzbekistan to a logistics hub in Bukhara. From there, cargo is transferred to road transport and moved across Turkmenistan before reaching Herat in Afghanistan.
Officials say the new system integrates rail and road networks into a unified logistics chain, making transport more predictable and efficient.
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