Turkish Firm Leads $65 Million Investment In Afghanistan’s Wind Energy Sector
Türkiye’s 77 Construction Company will invest $65 million in the first phase of a wind power plant project in Herat, Afghanistan, Anadolu Agency has reported.
Türkiye’s 77 Construction Company will invest $65 million in the first phase of a wind power plant project in Herat, Afghanistan, Anadolu Agency has reported.
The Taliban had earlier announced plans to develop renewable energy projects in the province, including the generation of 43.2 megawatts of wind power and five megawatts of solar power.
According to the report, the first phase will see the construction of a plant with a capacity of 43.2 megawatts, as part of a broader plan to eventually produce a total of 200 megawatts of wind power.
Emre Unal, commercial attaché at the Turkish Embassy in Kabul, said Turkish companies have invested around $7 billion in Afghanistan to date. He noted that this project marks the first time wind turbine technology is being introduced into Afghanistan by a Turkish company.
Unal added that Türkiye’s positive image among the Afghan population, trust in the quality of Turkish goods and engineering, and economic advantages including a young workforce and low business startup costs had created favourable conditions for expanding bilateral investment.
The Taliban officially launched the Herat wind power project on Saturday, 31 May, in a ceremony attended by Abdul Ghani Baradar, the group’s deputy prime minister. During the event, Baradar stated that the Taliban seeks to protect the environment by investing in renewable energy.
