Business
Turkish firm ‘moves forward’ with plans to invest in Afghan energy producing sector
The Islamic Emirate’s minister of energy and water met on Sunday with the head of a Turkish construction company in Kabul to discuss investment in the energy production sector.
According to the ministry of energy and water, the company, 77 Insaat, expressed interest in investing in power-producing projects including a wind-generating endeavor that could produce 200 megawatts of electricity in Afghanistan.
The ministry said in a series of tweets that the IEA’s energy and water minister Abdul Latif Mansoor met with Suleyman Ciliv, the head of the company, “and discussed and exchanged ideas about the development of joint cooperation of investment in the energy production projects from different sources.”
At the meeting, Mansoor praised the initiative being taken by the company in Afghanistan and said the implementation of the second phase of the Kajaki Dam project by the company was a valuable achievement for the people of Afghanistan.
Mansoor emphasized the need for investment in energy projects and assured Ciliv that the leadership of the energy and water ministry is committed to cooperating with the company.
“Both parties agreed to sign a cooperation agreement to invest in a 200 megawatts wind power generation project as soon as possible, so that on the basis of this agreement, the practical works of this project will start in the future,” the ministry said.
Energy in Afghanistan is provided by hydropower followed by fossil fuel and solar power but currently more than 50% of electricity is imported from neighboring countries.
Many rural areas do not have access to power, while urban areas are often hampered by severe restrictions.
Afghanistan currently generates over 600 megawatts (MW) of electricity but its imports total over 670 MW more.
The Afghan National Development Strategy has identified alternative energy, such as wind and solar energy, as a high value power source to develop.
Last year the ministry of energy and water identified 16 electricity-generating projects that, once established, will increase power output and help make the country less reliant on its neighbors for this critical commodity.
The ministry said at the time that of these 16, there are 12 thermal and solar power projects that have been identified and proposals have been shared with domestic and foreign investors in the hope of attracting financial backing.
Economists have meanwhile said that if investors can be found to support this sector, and if more electricity is generated, industry will grow.
Power projects ‘prioritized’
In April last year, the IEA’s Economic Commission, chaired by Deputy Prime Minister Mullah Abdul Ghani Baradar, gave orders for various ministries to prioritize projects to generate electricity.
At the time, the commission said after “extensive discussions on all issues that the private sector is prepared to invest in”, it was decided that the generation of electricity should be a priority.
According to the statement, the commission instructed various ministries under the leadership of the ministry of energy and water, to also generate electricity from coal.
A shortage of power has plagued Afghanistan for decades despite it having ample hydropower, coal and fossil fuel resources – as well as potential for solar and wind energy projects.
Over the past few years however, one successful private partnership has emerged – between the Afghan government and Bayat Power, Afghanistan’s largest, Afghan-owned and operated power production company which has the region’s most technologically advanced gas fired electric power plant.
Launched in 2019, this commercial operation provides reliable and affordable electric power to hundreds of thousands of people in Afghanistan.
Located in Sherberghan, in the north of the country, the epicenter of the nation’s gas-rich region, Bayat Power has steadfastly aimed to provide essential power for Afghanistan’s economic growth.
Powered by a Siemens SGT-A45 ‘Fast Power’ turbine, the world’s most advanced mobile gas to energy power solution, phase one of Bayat Power-1’s operations generates up to 44 megawatts of power for Afghan homes and businesses.
To date, Bayat Power has delivered over 700 million kilowatts of domestic power to the Afghan grid. However, Bayat Power hopes to eventually roll out three phases in total that will generate more than 200 megawatts of electricity – enough to serve millions of Afghan residential and commercial clients.
Business
Pakistan’s kinno exports falter as tensions with Afghanistan continue
Pakistan’s kinno exports remain far below potential as regional tensions, high freight costs and weak government support continue to choke the citrus trade.
Despite being a leading global citrus producer, Pakistan is expected to export just 400,000–450,000 tonnes of kinno in the 2025–26 season, compared with an estimated capacity of 700,000–800,000 tonnes.
Exports in 2024–25 stood at around 350,000–400,000 tonnes, mainly to Russia, the UAE, Saudi Arabia, Afghanistan, Indonesia and Central Asia. While better fruit quality this season has raised hopes, persistent crossing disruptions—especially with Afghanistan—and transport bottlenecks have offset gains.
Growers say prices have collapsed sharply, forcing panic sales. Rates for large kinno have fallen from over Rs120 per kg early in the season to as low as Rs75, while smaller fruit is selling for Rs35–40 per kg amid weak demand.
Industry leaders warn the crisis is crippling processing units and jobs. More than 100 factories reportedly failed to open this season, with dozens more shutting down as exports stall. Cold storages in Sargodha are nearly full, putting fruit worth millions of dollars at risk of spoilage, while growers fear losses of up to Rs10 billion.
Exporters are urging the government to urgently resolve issues, subsidise logistics, and help access alternative markets, warning that prolonged inaction could devastate farmers, workers and the wider economy.
Business
Pezeshkian pledges to facilitate Iran-Afghanistan trade
Iranian President Masoud Pezeshkian has said that Tehran will facilitate trade and economic exchanges with Afghanistan, including easing procedures at customs and local marketplaces.
He made the remarks during a televised interview following his visit to South Khorasan province, which shares a border with Afghanistan.
Pezeshkian, in a separate event addressing local business leaders, highlighted the province’s strategic advantages, citing its rich mineral resources, proximity to neighboring countries such as Afghanistan and Pakistan, and access to the ocean via the Chabahar port. He described the region as “a golden opportunity not found everywhere,” emphasizing its potential for economic growth and cross-border commerce.
Business
Afghanistan-Kazakhstan banking ties discussed in Kabul meeting
-
Latest News3 days agoAfghan border forces prevent illegal entry of hundreds into Iran
-
Latest News3 days agoPakistan summons Afghan diplomat over deadly attack in North Waziristan
-
Latest News2 days agoAfghan health minister calls for medical cooperation between Kabul and New Delhi
-
Latest News1 day agoAfghanistan signs 30-year deal for marble mining in Daikundi
-
Latest News3 days agoJapan allocates nearly $20 million in humanitarian aid for Afghanistan
-
Latest News2 days agoKarzai urges reopening of girls’ schools and universities for Afghanistan’s bright future
-
Health5 days agoAfghanistan seeks India’s support in standardizing traditional medicine
-
World5 days agoUS readies new Russia sanctions if Putin rejects peace deal, Bloomberg News reports
