Afghanistan Signs Agreement with Siemens Energy

HOA
By HOA
2 Min Read

The Afghan government on Monday signed an agreement of cooperation with Siemens Energy, a global company, to help boost the Afghan energy sector, the Presidential Palace said in a statement.

The agreement was signed by the Ministry of Finance, the National Water Affairs Regulation Authority and Da Afghanistan Breshna Sherkat, the country’s power distributor, and Siemens Energy representative.

Ataullah Nasib, the head of the investment facilitation unit, said 28 percent of Afghans have access to power and that it will increase to 65 percent in 2032.

Addressing the event, President Ashraf Ghani said the agreement will be implemented by the Afghan government.

“We will build an Afghanistan where citizens can look forward to reliable power, not only for their homes and offices but to ensure that their products, whether agricultural, industrial or services can rely on sustained, 24-hour energy, seven days a week, 365 days a year,” President Ghani said at the signing ceremony.

Christian Bruch, CEO of Siemens Energy, said the company will help Afghanistan produce electricity from renewable energy resources.

“Afghanistan is blessed with abundant renewable resources… By using these resources, the country will make a big step forward in development. Siemens Energy has all the ingredients to support you in this part,” he said.

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