Afghanistan Signs $10 Billion Energy Deal to Produce 10,000 Megawatts by 2032

Kokcha News Agency reports that Afghanistan’s Ministry of Water and Energy has signed a landmark $10 billion deal with Azizi Energy Invest to generate 10,000 megawatts of electricity by 2032. The agreement, finalized in Kabul on Saturday, August 2, aims to transform the country’s energy sector and reduce its reliance on imported power.

The signing ceremony was attended by senior Taliban officials, including Mullah Abdul Ghani Baradar, the Deputy Prime Minister for Economic Affairs, along with cabinet members and other high-ranking leaders. The memorandum covers electricity production from thermal (coal and gas), hydro, wind, and solar sources, as well as the expansion of transmission and distribution networks across multiple provinces.

Azizi Energy will finance and execute the projects, while the Ministry of Water and Energy will oversee coordination and facilitation. Experts note that Afghanistan, with an untapped potential of 320,000 megawatts, has only exploited a fraction of its resources so far.

Since regaining power, the Taliban have claimed to launch various development projects, but the outcomes of these initiatives have consistently been questioned by citizens. The $10 billion deal is expected to be completed by 2032, promising energy independence and economic growth, though public skepticism remains high.