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Bayat Power Begins Generating Affordable Electricity for Afghans

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Last Updated on: October 24, 2022

Kabul, Afghanistan — November 12, 2019 Bayat Power, Afghanistan’s largest, Afghan-owned and operated Power Production Company announced today that Bayat Power-1, the region’s most technologically advanced gas fired electric power plant — and Afghanistan’s first new gas based power production plant in more than forty years — has officially started commercial operations of its vital and historic mission to provide reliable and affordable electric power to the people of Afghanistan.

Located in Sherberghan, Afghanistan — the proud epicenter of the nation’s gas-rich region — Bayat Power-1 is the company leading the resurgence of Afghanistan’s domestic power production industry. This pioneering project, built and led by Afghans, will provide the power essential for Afghanistan’s economic growth.

Powered by the brand new Siemens SGT-A45 ‘Fast Power’ turbine — the world’s most advanced mobile gas to energy power solution — phase one of Bayat Power-1’s operations will generate up to 41 megawatts of power for Afghan homes and businesses. When all three phases of Bayat  Power-1 are operational, the plant will generate more than 200 megawatts of electricity — enough to serve millions of Afghan residential and commercial clients.

“Starting today, Bayat Power-1 — our nation’s first new gas fired power plant in more than four decades — is providing affordable, reliable power to Afghan families and companies across the nation,” said Dr. Ehsan Bayat, the Founder of Bayat Power and the Chairman of the Bayat Group.

“Bayat Power 1 is meant to pioneer a new industry and serve the first step in the redevelopment of an Afghan energy sector that will be operated by Afghans, expanded by Afghans and dedicated to accelerating Afghanistan’s economic development,” Dr. Bayat said.

“Today, everyone at Bayat Power and The Bayat Group is determined that Bayat Power-1 will help all Afghans move forward together to a shared future of prosperity, innovation, and growth; a future that is bright with light generated by Bayat Power-1, and rich with bountiful opportunity and progress for all Afghans.”

For more details please visit: https://bit.ly/2qTu4V0

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Afghanistan-Kazakhstan banking ties discussed in Kabul meeting

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A Kazakh delegation led by the Deputy Minister of Finance of Kazakhstan met with Sediqullah Khalid, First Deputy Governor of Da Afghanistan Bank, to discuss ways of strengthening banking and economic cooperation between the two countries.

According to a statement issued by Da Afghanistan Bank, Khalid said the central bank is keen to establish regular and effective banking relations with Kazakhstan as part of broader efforts to expand bilateral trade.

He noted that enhanced banking cooperation would help facilitate trade, investment, and wider economic interaction between Afghanistan and Kazakhstan, while also contributing to financial stability at the regional level.

Members of the Kazakh delegation also emphasized the importance of developing banking and economic ties and expressed their readiness to expand joint cooperation.

The two sides further agreed to establish technical committees from both countries to hold expert-level discussions and advance practical steps for cooperation.

 
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Afghanistan, Kazakhstan envoys discuss expanding trade and regional connectivity

Ambassador Shakeeb thanked Kazakhstan for its continued support and constructive engagement with Afghanistan, particularly in efforts aimed at peace and economic development.

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Afghanistan’s Ambassador to Pakistan, Sardar Ahmad Shakeeb, has met with Kazakhstan’s Ambassador to Pakistan, Yerzhan Kistafin, to explore ways to strengthen bilateral relations and advance regional cooperation.

The two envoys exchanged views on Afghanistan–Kazakhstan ties, regional connectivity, and major infrastructure initiatives, as well as the opportunities and challenges facing regional trade. Discussions also touched on Kazakhstan’s role in promoting regional stability and other matters of mutual interest.

Ambassador Shakeeb thanked Kazakhstan for its continued support and constructive engagement with Afghanistan, particularly in efforts aimed at peace and economic development.

He expressed hope that the proposed $3 billion joint trade agreement, once finalized, would bring tangible benefits to both countries and contribute to broader regional economic integration.

Ambassador Kistafin reaffirmed Kazakhstan’s support for stability and economic growth in Afghanistan, highlighting his country’s involvement in key regional connectivity and trade projects.

He said the current security and stability situation in Afghanistan has increased Kazakhstan’s confidence in expanding regional trade and transit, and praised the efforts of the Islamic Emirate in this regard.

He also stressed the need for coordinated regional efforts to ensure lasting stability, sustainable economic development, and the smooth movement of goods and transit across the region.

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Mahirood Customs leads Iran’s exports to Afghanistan

More than 1.5 million tonnes of goods were exported to Afghanistan through the border crossing during this period.

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Mahirood Customs in South Khorasan province has become Iran’s main export gateway to Afghanistan, accounting for 36 percent of the country’s total exports to its eastern neighbor, Iranian officials said.

South Khorasan Governor Seyed Mohammadreza Hashemi told local media that Mahirood ranked first among Iran’s 71 active customs points during the first eight months of the current Iranian year.

More than 1.5 million tonnes of goods were exported to Afghanistan through the border crossing during this period.

Official customs figures show that Iran’s total exports to Afghanistan exceeded 4.26 million tonnes in the first eight months of the year, with Mahirood handling the largest share, Hashemi said.

He attributed the strong performance to South Khorasan’s strategic location, improved border infrastructure, effective planning, close cooperation with traders, and coordinated efforts by government agencies.

Hashemi said the expansion of exports via Mahirood Customs is contributing to economic growth, job creation, and stronger economic diplomacy for the province.

He added that continued support for exporters and streamlined customs procedures could further increase South Khorasan’s share of the Afghan market and other target markets in the future.

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