Business
Tajikistan reduces power supply to Afghanistan from 350 to 40MW
Da Afghanistan Breshna Sherkat (DABS), the country’s national power company, announced Monday that imported electricity from Tajikistan to Afghanistan has been reduced from 350 megawatts to 40 megawatts effective Tuesday.
In a statement released on Monday, DABS said the power has been reduced due to water shortages in Tajikistan.
However, DABS stated that an alternative had been found and that an additional 200 megawatts from Uzbekistan is being imported for Kabul and other provinces. DABS also said it was hoping to secure a further 200 megawatts as soon as possible.
“We faced the issue at 7am on Sunday, the electricity company was able to talk to Uzbekistan, and now we have provided 200 megawatts of electricity from Uzbekistan to Kabul,” Wahidullah Tawhidi, a spokesman for DABS said.
“Considering the domestic electricity, we have a total of 300 megawatts of electricity. We’re trying to get another 200 megawatts of electricity as soon as possible. The power in Kabul is relatively good right now,” he said.
According to DABS, electricity imported from Tajikistan serves Kabul, Nangarhar, Laghman, Logar, Pakita, Khost, Parwan, Panjshir, Kapisa, Baghlan, and parts of Kunduz provinces.
Meanwhile, economists say that more needs to be done to boost the domestic energy sector, especially regarding renewable energy and the production of energy from natural resources such as natural gas.
In November 2019, Bayat Power made history for Afghanistan when it successfully implemented the nation’s first 40-megawatt gas-powered Independent Power Producer (IPP) in over four decades using natural gas.
According to experts, Afghan Gas requires a lot of attention from the Afghan government in order to optimize its operations so as to sufficiently supply fuel for the 40MW power plant which is the only one of its kind in operation currently.
“If investments had been done on the electricity sector over the last decade, we would have become an exporter of electricity by now. I wish investors would successfully implement projects in the energy sector, similar to what Bayat Power did in Jawzjan and other provinces, lighting up thousands of homes,” an Afghan economist Hakimullah Sediqqi said.
“The government should think about this. In the long run, we should see the opening of dams, the opening of solar power, and have plentiful natural gas reserves worth billions of dollars. We should be able to use these resources to solve our problems of poverty and unemployment,” said Salim Toofan, an economic expert.
DABS meanwhile agreed that Afghanistan does have the means to produce power for the country.
“There is the capacity of using solar, gas, and water energy to generate electricity in Afghanistan,” said Tawhidi.
“Currently, the solar system in Kandahar province generates 40 megawatts, and the hydroelectric power dam of Helmand also generates 100 megawatts of electrical power,” he said.
However, noting private investors’ achievements in this sector, he said: “Bayat and Ghazanfar Groups have invested in power production utilizing natural gas in the northern part of the country, of which Bayat group’s electricity supply project is operational.”
He said: “There are opportunities for the private sector to invest in energy supply, and the government is ready to cooperate with them.”
The use of natural gas in energy production, specifically by Bayat Power – the first natural gas power plant in Afghanistan – has the potential to boost domestic energy production to 200MW as planned, provided Afghan Gas can deliver the much-needed fuel to operate the state of the art SGT-A45 Siemen’s turbines, which are the first to be deployed worldwide, in Afghanistan.
Business
Afghani strengthens nearly 10% against US dollar amid banking sector reforms
The bank said it has expanded oversight of financial institutions and private lenders, improving transparency and promoting more consistent standards across the sector.
Afghanistan’s central bank, Da Afghanistan Bank, says the national currency has appreciated by 9.93% against the US dollar during the year 1404, citing steady progress in the country’s financial and banking systems.
Officials attributed the gains to cautious monetary policies that have helped stabilise the Afghani against major global currencies while also boosting its value against the dollar.
The bank said it has expanded oversight of financial institutions and private lenders, improving transparency and promoting more consistent standards across the sector.
As part of efforts to better manage liquidity, authorities also collected and destroyed worn-out banknotes in circulation. At the same time, officials reported growth in electronic banking, with digital payment usage rising in recent months.
Central bank spokesperson Haseebullah Noori said initiatives are underway to broaden access to banking services nationwide, including the wider rollout of Islamic banking options.
Analysts welcomed the stabilisation efforts but stressed the need to address ongoing challenges facing domestic banks, including the impact of international financial sanctions on Afghanistan.
They added that expanding Islamic banking could help draw more savings into the formal financial system, noting that a significant share of personal wealth remains outside banks. Bringing those funds into the sector, they said, could inject billions of Afghanis into the economy and further support financial stability.
Business
Uzbekistan delivers over 290 tons of aid to Afghanistan
The assistance, provided ahead of Eid al-Fitr, is intended to support vulnerable communities while reinforcing ties between the neighboring countries.
Uzbekistan has delivered more than 290 tons of humanitarian aid to Afghanistan, according to the country’s Ministry of Foreign Affairs.
The assistance, provided ahead of Eid al-Fitr, is intended to support vulnerable communities while reinforcing ties between the neighboring countries.
The shipment includes essential food supplies such as flour, rice, wheat, vegetable oil, instant meals, pasta, and confectionery. An official handover ceremony was held in the border town of Hairatan.
Local officials, including Balkh province representatives and authorities from Hairatan, expressed appreciation for the continued support, acknowledging Uzbekistan’s efforts to assist the Afghan people.
Among those present at the ceremony were Uzbekistan’s Ambassador to Afghanistan, Oybek Usmanov, and Surkhandarya regional governor Ulugbek Kosimov.
The aid delivery underscores Uzbekistan’s ongoing humanitarian engagement and its broader efforts to promote regional cooperation and stability.
Business
Turkmenistan, Afghanistan discuss steps to speed up land acquisition for TAPI pipeline
By the end of the year, the vessels are expected to deliver about 11,700 pipes as part of preparations for construction of the TAPI pipeline.
Officials from Turkmenistan and Afghanistan have held talks aimed at accelerating land acquisition for the long-planned Turkmenistan-Afghanistan-Pakistan-India (TAPI) pipeline, according to Afghanistan’s Ministry of Agriculture, Irrigation, and Livestock.
The issue was discussed during a meeting between TAPI project head Murad Amanov, Afghanistan’s acting Minister of Agriculture, Irrigation, and Livestock Mullah Attaullah Omari, and Turkmenistan’s ambassador to Afghanistan Hoja Ovezov.
Amanov briefed Afghan officials on recent progress and emphasized the need to accelerate procedures related to land acquisition and the determination of land prices in line with the framework agreement signed by the four participating countries.
Meanwhile, vessels operated by the Azerbaijan Caspian Shipping Company (ASCO), part of AZCON Holding, have begun transporting pipes for the project. The shipments are being carried from the Port of Baku to the Turkmenbashi International Seaport.
By the end of the year, the vessels are expected to deliver about 11,700 pipes as part of preparations for construction of the TAPI pipeline.
-
Latest News5 days agoPakistani shelling hits Kunar districts despite ‘pause in hostility’ over Eid
-
Sport4 days agoAfghanistan national buzkashi falls short in Kokpar World Championship semifinals
-
Regional5 days agoPakistan among top nuclear threats to America, US intelligence chief tells senate
-
Sport3 days agoIreland to host Afghanistan for ODI series in August
-
Latest News5 days agoSecurity Sources: Pakistani military shelling in Kunar and Nuristan leaves female doctor dead
-
Latest News3 days agoMojtaba Khamenei calls for improved Afghanistan–Pakistan relations, offers help
-
Sport4 days agoFIFA sanctions Israeli Football Association over discrimination violations
-
Latest News2 days agoDeadly violence likely without dialogue between Afghanistan and Pakistan: ICG
