Afghani solar project of 10 MW enters construction

Solar farm. Author: Alan Levine.

Sep 25 (Renewables Now) - Indian firm Dynasty Oil & Gas has broken ground on a 10-MW solar power generating facility near the city of Kandahar in Afghanistan, it was announced on Sunday.

Dynasty Oil & Gas won the project in a reverse auction held by national utility Da Afghanistan Breshna Sherkat (DABS) on July 16, 2016. The Indian company will be selling the power generated by the plant to DAWS under a 15-year contract at a price of USD 0.073 per kWh.

The project will require a total investment of some USD 19 million (EUR 16m), of which about USD 10 million will be provided by the US Agency for International Development (USAID).

The solar park is expected to become operational by August 26, 2018.

(USD 1.0 = EUR 0.840)

Join Renewables Now's free daily newsletter now!

More stories to explore
Share this story
About the author
Browse all articles from Ivan Shumkov

Ivan is the mergers and acquisitions expert in Renewables Now with a passion for big deals and ambitious capacity plans.

More articles by the author
5 / 5 free articles left this month
Get 5 more for free Sign up for Basic subscription
Get full access Sign up for Premium subscription