Bayat Power has received approval from the Afghanistan Government to build a gas-to-electricity plant in the country.
The Bayat Power-1 plant will be built at Sheberghan, the capital city of Jowzjan province.
Bayat Power has also signed a power purchase agreement (PPA) to sell 40MW of energy generated from the new plant to the Government of Afghanistan.
Energy sold under the PPA will be enough for numerous businesses and one million households in Afghanistan.
Bayat Power founder and CEO Dr Ehsan Bayat said: “This final approval for the construction of Bayat Power-1, together with the execution of our power purchase agreement with the Government of Afghanistan means that we can now provide power to an additional one million Afghans and businesses.
“We are thankful for the support of the Afghan Government and for their assistance in developing the nation’s natural resources.”
For the Bayat Power-1 project, the company will be using a series of advanced Siemens SGT-45 mobile turbines to generate electricity.
Upon completion, the project is expected to strengthen Afghanistan’s energy self-sufficiency, as well as generate a long-term recurring revenue stream for the country’s government through the sale of natural gas.
Energy generated from the project will be distributed through Afghanistan’s national power company Da Afghanistan Breshna Sherkat (DABS).
Dr Bayat further added: “We’re an Afghan company, committed to developing Afghanistan’s rich natural gas reserves, so that we can provide Afghans with reliable and affordable electric power.
“Investing in Afghanistan’s domestic energy industry, and increasing our nation’s energy production, will drive Afghanistan’s economic growth, and help create new industries, jobs, and opportunities, which will benefit our entire country.”