"This project — the first privately financed gas-fired power plant in Afghanistan's history — will harness the rich and plentiful gas resources available in the Sheberghan/Yatimtaq Region to help kick-start Afghanistan's journey towards energy independence, help restore our domestic gas-to-power industry and develop our nation's economy," Dr. Ehsanollah Bayat, Chairman of Bayat Power stated. "We look forward to working with the Afghan government, our technical partners, and most importantly, our fellow citizens, in our mission to create jobs and opportunities which benefit the entire nation."
The MoU — approved during a meeting of Afghanistan's Economic Council chaired by His Excellency, President Ashraf Ghani, on Sunday, October 2nd — was signed by Dr. Bayat and Eng. Ali Ahmad Osmani, Minister of Energy and Water, in the presence of His Excellency President Ghani and Economic Council members on Monday, October 3rd.
About Bayat Energy:
Bayat Energy is Afghanistan's leading Afghan Owned Oil and Gas exploration, Development and Production Company. Founded by Dr. Ehsan Bayat, the Chairman of The Bayat Group (www.bayat-group.com), Bayat Energy is a division of The Bayat Group of companies, which include Afghan Wireless (www.afghan-wireless.com) Ariana Television and Radio (www.arianatelevsion.com), and additional Construction, Consumer and Logistics Enterprises. Learn more about how Bayat Energy is building an Afghan energy industry which will provide affordable, accessible to the Afghan people by visiting our website: www.bayat-energy.com
For Bayat Energy:
Mr. Monty Simus
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SOURCE Bayat Energy