The World Bank has signed an agreement with Afghanistan’s Ministry of Finance, allocating funds to help the country rehabilitate its 100-MW Naghlu hydroelectric project.
The World Bank’s US$128 million grant includes $83 earmarked specifically for the ongoing Naghlu modernization project, with the remainder to be used for Afghanistan’s Farm Water Management Project.
“Both these projects outline the government’s position to improve on water usage in Afghanistan, and utilize them for the economic and social development of the Afghan people,” Afghani Minister of Finance HE Eklil Hakimi said. “They are also intended to improve irrigation, improve access to electricity, boost jobs creation and provide more opportunities for employment in the agricultural sector in rural areas.”
Built with the help of the Soviet Union on the Kabul River in the 1960s, Afghanistan has been receiving World Bank assistance to refurbish electrical and electro-mechanical equipment since 2006.
National utility Da Afghanistan Breshna Sherkat (DABS) has been recruiting a number of consultants for the project in recent months, with expressions of interest from procurement specialists in October civil engineers in September.
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