Baku, Azerbaijan, Nov.8
By Leman Zeynalova - Trend:
Turkey’s Calik Holding company has agreed to invest $1.6 billion in Turkmenistan-Afghanistan-Pakistan electricity transmission project, Afghan media reported.
The memorandum of understanding was signed between Afghanistan’s acting minister of energy and water, Mohammad Gul Khulmi, and head of Calik Holding company, Ahmad Calik at a ceremony in Kabul that was presided by President Ashraf Ghani
The company’s head emphasized on the importance of the project for the three countries, saying it would soon begin work on it.
Earlier, energy ministries of Turkmenistan and Afghanistan signed an agreement for the Turkmenistan-Afghanistan-Pakistan transmission line project.
The foundation-laying ceremony of this energy bridge was held in February with the participation of the heads of state and government of the countries involved. At this stage, issues related to the laying of transmission lines on the territory of neighboring states were agreed.
In particular, the agreement defines the volume of electricity that will be supplied to Afghanistan via the new transmission line – 300 megawatts to Herat and Kandahar cities each.
In the future, they are planned to increase to 1,000 megawatts.
In addition, a protocol of intent was signed between the energy ministries of the two countries on the construction of the Kerki-Hamyap-Garkyn transmission line.
According to the program of socio-economic development of Turkmenistan, it is planned to increase the total volume of electricity to be produced in the country in the next seven years to 33 billion kilowatt-hours.
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