Dubai : Prominent Dubai-based master developer Azizi Group has announced the launch of a new business line focused on energy infrastructure, marking its entry into the power sector with the formation of Azizi Energy Investments.
The company’s first project will be based in Afghanistan, with plans to develop a power generation capacity of up to 10,000 megawatts (MW). This marks the second major diversification initiative by the group in recent months, following the establishment of its hospitality division.
Headquartered in Dubai, Azizi Energy Investments will focus on the development, financing, construction, and operation of power projects across a range of sources including coal, gas, hydro, wind, and solar energy. It will also be involved in the creation of critical energy infrastructure, such as gas pipelines and electricity transmission networks.
In a company statement, Azizi said the mission of the new venture is to “contribute to energy security, reduce reliance on imported energy, and support economic development in emerging markets where supply shortages remain a key barrier.”
Chairman Mirwais Azizi commented:
“This new venture builds on our legacy in real estate and our belief in empowering communities through large-scale, future-oriented initiatives. Azizi Energy will deliver innovative power solutions that create lasting value — starting in Afghanistan, where we aim to develop a diversified generation mix totaling approximately 10,000 MW.”
The company plans to initially focus on Asian markets, with Afghanistan serving as the pilot location for its regional expansion.
Joseph Maliakan Seven months of January to July 2025 , witnessed an unprecedented 334 incidents…
Muscat : Set to take place in Muscat this October, the 2025 edition of the…
Dubai: ADNOC Gas has entered into a 10-year agreement to supply liquefied natural gas (LNG)…
Joseph Maliakan In a great relief to political, social and human rights activists in the…
By Joseph MaiakanThe Enforcement Directorate ( ED ) the long arm of the Modi government…
Muscat: The Indian School Al Seeb (ISAS) community is deeply saddened by the passing of…
This website uses cookies.