Hassan Allam Holding and Ghazanfar Group Sign a 59 Megawatt Energy Project worth USD 89 Million for Afghanistan

18 June 2020

Afghan Power Plant Company, a special purpose vehicle owned by the Ghazanfar Group, and HA Utilities the utilities investment and development arm of Hassan Allam Holding, have signed the debt financing package for the first long term, fully privately financed gas power plant in Mazar Sharif with IFC - International Finance Corporation, a member of The World Bank, Asian Development Bank (ADB) and DEG-German Development Bank.