Friday, Mar 29 2024 | Time 13:02 Hrs(IST)
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Business Economy


Afghanistan seeks Indian investment in clean energy

New Delhi, Aug 6 (UNI) Keen on developing renewable sources of energy, Afghanistan today invited investment from India in the areas of clean power and sustainable development. Addressing a FICCI meeting here,visiting Afghanistan Minister of Energy and Water Ali Ahmad Osmani said it was necessary to protect environment and reduce emission of greenhouse gases. Afghanistan has tremendous potential to produce energy from different clean sources and the country’s doors were open for international investors to explore opportunities in this space, he said. Emphasizing the importance of India-Afghanistan relationship, Mr Osmani said that, he would suggest to his government that the name of Salma Dam should be rechristened to ‘Afghan-India Friendship Dam’ to mark the special relationship enjoyed by the two nations. Afghanistan Minister of Rural and Rehabilitation and Development, Engineer Nasir Ahmad Durrani, said his country is looking forward to India for support to meet its energy needs. Off grid energy is feasible and cost effective and there are opportunities for Indian companies to establish their capabilities in Afghanistan. Afghanistan Renewable Energy Union (AREU) Chairman Kabul Khan Tadbir said that the delegation from Afghanistan is visiting India with the aim of exhibiting attractive investments prospects in his country. Afghanistan enjoys 300 days of sunlight and abundance of wind, air and water, which could be harnessed with the help of technology to generate clean energy to boost economic and industrial prospects of the country. UNI SC PC PR1640
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