IFC and partners sign energy deal worth $89 million for Afghanistan

IFC and partners have signed the debt financing package for Afghanistan’s first long-term public-private partnership: the Mazar-e-Sharif gas-to-power plant in northern Afghanistan.

The 59 MW power plant, with an estimated total cost of $89 million, marks a key long-term private energy investment in Afghanistan. The project will be implemented by Afghan Power Plant Company, established by Ghazanfar Group, an Afghan conglomerate.

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