The Afghan-German Cooperation will invest 264 million Afghanis in support of the renewal energy policy of the Afghan government.
An agreement was signed in this regard between Afghan and German officials representing the Afghan Ministry of Energy and Water (MEW) and the Afghan-German Cooperation’s Energy Sector Improvement Programme (ESIP) with an aim to facilitate the implementation of the government’s renewable energy policy.
The Afghan-German Cooperation will invest about AFN 264 million until end of 2019, the Afghan-German Cooperation said in a statement.
The statement further added that Afghan government aims at increasing the country’s energy generation from currently 600 megawatts to 5,000 megawatts by 2032 to reduce import dependency. Then, domestic power generation from renewable energy sources, such as thermal and hydro energy, shall amount to 2,300 megawatts.
The director of the Afghan-German Cooperation’s Energy Sector Improvement Programme (ESIP), Mr Frank Fecher highlighted that the “The German government is committed to support the Afghan energy sector in reaching the set goals in terms of enhancing domestic electricity generation by renewable energy sources.”