New developments reported over the mega CASA - 1000 energy project involving Pakistan
KABUL - New developments reported over the mega CASA - 1000 energy project involving Pakistan.
Afghanistan’s President Ashraf Ghani on Thursday officially inaugurated the work on the CASA-1000 hydro power project, one of the biggest power projects in the region, which will transfer 300 megawatts of electricity from Tajikistan and Kyrgyzstan to Afghanistan and Pakistan.
Speaking on the occasion, Ghani said that the project was a step forward towards changing Afghanistan into a hub of energy transit in the region.
“Economic cooperation is in the interest of all member countries, our vision is to transform Afghanistan into a crossroads of energy transit in the region,” said Ghani at the event.
At the ceremony, Tajikistan’s ambassador to Afghanistan Imomov Sharofiddin said that implementation of the project will help promote political and economic stability in Afghanistan.
“In the future, we plan the CASA-1000 will run from Badakhshan towards the Chitral region of Pakistan. This will help Afghanistan to change as a safe transit bridge and a connecting point between the countries in the region, particularly between Central Asia and South Asia,” said the Tajik ambassador.
“Besides the transit money, an additional $2 million will be raised for a fund that will be created by the exporters. The money from the fund will be spent on the security of the transmission lines where it passes through,” said Amanullah Ghalib, head of Da Afghanistan Breshna Sherkat (DABS), Afghanistan’s main power supply company.
Pakistan’s ambassador to Kabul, Zahid Nasrullah Khan and Afghan Minister of Economy Mustafa Mastoor were also present at the event.