Economic

NPC Approves 2 Projects Worth $113 Million

Monday, January 1, 2018

Kabul (BNA) Chaired by President Mohammad Ashraf Ghani, the National Procurement Commission (NPC) has approved contracts of two big projects costing $113 million, the Presidential Office said Sunday.
The projects covering two key investment contracts were presented y the ministry of finance’s public private partnership investment to the commission said approved, said the statement.
“Gas-produced power supply project for Sheberghan City, worth $38.8 million, which is expected to be invested on , by Bayat Power Company and the project of Mazar-e-Sharif power installation device, costing $75 million, which is expected to be invested and applied by Ghazanfar Group and IFC International Financial Cooperation,” said the statement adding Da Afghanistan Breshana Shirkat, Ministry of Power and Water, Ministry of Mines and Petroleum and the independent Land administration were the stakeholders.
Sheberghan gas power with 40 megawatt, has been anticipated for five year, while the project of power installation device in Mazar-e-Sharif, which has the capacity of 50 megawatt gas power production, has been considered for 20 years, said the statement.
The president and the commission members called the start of the projects, the first step toward creation of a domestic power product bed and the start of an important move toward self-sufficiency of the energy sector, through private investment, according to the statement.
The Independent Land Admin also reported the commission about its allocation of relatively 25 acres and 100 acres to the two projects, with the president saying the imported electricity price was too high and there was a need to pay attention to domestic power product, said the statement.
 

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