IFC will help Afghanistan build solar power plants

IFC, a member of the World Bank Group, has reportedly signed an agreement with the Afghan government to design a 40-megawatt solar power plant that will more than
double the country's current solar power generation.

The Afghan government will work with IFC to develop a 40 MW solar power plant that will develop new models for follow-on solar projects to help the country reach its 2,000 MW target
.
"This public-private partnership will play a key role in helping to provide more reliable and predictable electricity services, which will have a positive impact
on businesses and households in Afghanistan," said the Afghan finance minister.
”

The agreement will enable IFC's PPP consultants to support governments in designing and bidding for the project, helping to attract solar companies to develop solar PV plants
.
IFC's partnership with the government will be funded
by DFID through DevCo, a multi-donor agency affiliated with the Private Infrastructure Development Group, and the Global Infrastructure Agency.

IFC's regional director for the Middle East and North Africa said, "Given the scale of demand in Afghanistan, the private sector has the potential to change
in supporting infrastructure development in the country.
”

:/, please indicate the source for reprinting)