WASHINGTON, October 10, 2019 - The World Bank’s Board of Executive Directors today approved the following project:
Afghanistan: Mazar-e-Sharif Gas-to-Power Project
IDA Guarantee: $12 million
IFC Senior Loan: $23.8 million
MIGA Political Risk Insurance: $48.7 million
Project ID: P157827
Project Description: The project aims to increase the amount of domestically generated electricity while leveraging private financing for the country’s energy sector.