Home / Breaking News / MoEW Welcomes ADB $ 415m Aid for Energy Sector

MoEW Welcomes ADB $ 415m Aid for Energy Sector

barq_13_12_2016_dari_sot-mpg_snapshot_00-45_2016-12-13_17-47-21Afghanistan Ministry of Energy and Water (MoEW) praised a $ 415 million aid by Asian Development Bank (ADB) for assisting the energy sector.

Officials in Ministry of Energy say of the 415  million dollars aid, 240 million of it will be allocated to the construction project in Bamyan province.

“We have two programs according to the self-sufficiency plan; First, we want to increase products secondly, we want to connect the electricity transmission to the provincial center,” said Amanullah Ghaleb, deputy minister of energy and water.

Despite spending a large amount of money for electricity self-sufficiency in the country, analysts say the lack of effective solution caused Afghanistan fail to reach self-sufficiency.

“If the government can have a regular plan and focus on electricity resources, it can construct more substations from its revenues,” said Hasibullah Muahid, economic analyst.

According to the statistics, nearly two billion dollars spend for providing electricity in the past few years but still 70 percent our electricity is imported from outside.

Reported by Lida Neyazi

About Written by: ariananews.af

Check Also

untitled-article-1470324239

2016 Bloodiest Year for Journalists in Afghanistan

2016 was the deadliest and bloodiest year for journalists in Afghanistan with a 38 percent …