ADB reaffirms commitment to support energy sector development in Afghanistan

The Asian Development Bank (ADB) reaffirmed its commitment to support Afghanistan’s energy development priorities at a ceremony organized by Da Afghanistan Breshna Sherkat (DABS) to recognize the support of ADB and other development partners to the energy sector.

ADB is Afghanistan’s largest development partner in the energy sector with nearly $2.2 billion in cumulative grant assistance, all of which is on budget.

“ADB is often recognized for the assistance we provide to build Afghanistan’s transmission and distribution systems,” said Mr. Tumiwa. “However, the assistance we provide on energy sector policies, reforms, and institutional capacity development of DABS is even more important because it will ensure the sustainability of the sector. ADB is proud to see DABS developing rapidly. For example, technical losses are going down and billing and collection have improved, thus improving DABS’ financial situation.”

Afghanistan generates about 25% of its electricity domestically. ADB will support the country’s goal to increase the electrification rate from 30% to 83% and lift the share of domestic generation from 20% to 67% by 2030. ADB also plays a major role in power transmission both regionally and domestically and promotes clean energy, including through solar power.

Original source: ADB
Published on 29 January 2019