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CASA-1000 electricity transmission deal signed

AT-KABUL: The long-awaited Central Asia South Asia (CASA-1000) electricity transmission projected signed in Istanbul city of Turkey on Friday.

Based on the agreement signed in October, 2015, the project will bring $45 million in transit revenue. The project is expected to export electricity from hydropower stations in Kyrgyzstan and Tajikistan to Afghanistan and Pakistan.

The signing ceremony was attended by energy and water ministers of the four countries.

The CASA-1000 power transmission line would transmit 1300 megawatt electricity. In addition to transit charges, Afghanistan will also receive 300 megawatt electricity.

Around 570 kilometers of around 1000 kilometers electricity line will pass through Kunduz, Baghlan, Panjshir, Parwan and Nangarhar provinces of Afghanistan.

The construction works of the project is going to start in September, 2015 and will be completed in May, 2018.

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