Developer Launches Power Project Business

Azizi, a Dubai-based master developer, is expanding into the energy sector with the launch of Azizi Energy Investments. This new venture will focus on developing power projects in emerging markets, starting with a significant project in Afghanistan. The company plans to generate up to 10,000 MW of power in Afghanistan, marking its first foray into the energy industry.

Azizi Energy will be headquartered in Dubai and will handle the development, financing, construction, and operation of various power projects. This includes projects utilizing coal, gas, hydro, wind, and solar energy sources. The company also plans to invest in energy infrastructure, such as gas pipelines and electricity transmission networks.

The primary goal of Azizi Energy is to enhance energy security and reduce reliance on imported supplies in markets facing significant supply gaps. Mirwais Azizi, Chairman of Azizi Group, emphasized the company's commitment to supporting communities through large-scale, future-oriented solutions. The initial focus will be on Asian markets, with Afghanistan as the first major project.