There is no country in the world with greater untapped economic potential than Afghanistan
Monday, 25 April 2016
USD 1.17 billion Central Asia South Asia Electricity Transmission and Trade Project (CASA-1000) to be inaugurated on 12 May 2016
The USD 1.17 billion CASA-1000 power project will be inaugurated next month by government representatives of Afghanistan, Pakistan, Tajikistan and Kyrgyzstan. The Ministry of Foreign Affairs (MoFA) of Afghanistan said the Afghan Ministers of Power and Energy of Afghanistan, Pakistan, Tajikistan and Kyrgyzstan finalized agreements on the implementation of the project. A statement by the MoFA of Afghanistan said the project will be inaugurated on 12th May as per the request of Tajikistan officials. The statement further added that the inauguration ceremony will be attended by high level government officials of the four nations as well as representative of the donor countries and financial supporters of the project. The Afghanistan Chief Executive Officer Dr. Abdullah Abdullah will attend the ceremony for the inauguration of the project. According to Afghan MoFA, the CASA-1000 project will pave the way for the transmission of electricity from Tajikistan and Kyrgyzstan to Afghanistan and Pakistan through nearly 1,300 kilometers of high voltage transmission line. Two converter stations have been considered for the project including a 1300 megawatt AC-DC Convertor Station at Sangtuda Tajikistan. Another high voltage transformer will be built in Pul-e-Khumri city of Baghlan province of Afghanistan to ensure supply of 300 mega watt of electricity to Afghanistan. Afghan MoFA said that World Bank, US, UK, Islamic Development Bank and European Investment Bank have committed to support the project.