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Press Release

BAYAT POWER ANNOUNCES THREE-PHASE US$250M INVESTMENT PROGRAM TO ACCELERATE AFGHANISTAN’S GAS-FIRED POWER INDUSTRY

By admin — 8 years ago

Afghan-Owned Energy Company Leads Transformational Effort To Foster Nation’s Energy Independence

Kabul, Afghanistan—October 3, 2016—Bayat Power, a wholly owned subsidiary of Bayat Energy (www.bayat-energy.com), an Afghan-owned, independent energy exploration, development and production company executed a Memorandum of Understanding (MoU) with the Government of the Islamic Republic of Afghanistan today to enter into a partnership with Bayat Power for its three-phase, US$ 250M Independent Power Producer (IPP) investment program.

The program’s first phase – Bayat Power 1 – is a 100% equity financed power plant to be located in Sheberghan, capital of Jawzjan Province which will have a 52MW capacity.  Subsequent phases will scale to more than 200MW of capacity, utilizing advanced aeroderivative technology.  The fully completed gas-fired power plant will be able to generate in excess of 200 MW of power and is expected to have an operational life of at least twenty-years.

“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

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    Press Release

    BAYAT POWER’S HISTORIC PURCHASE OF SIEMENS SGT-A45 TURBINE CELEBRATED AS A CRITICAL STEP TOWARDS GENERATING ELECTRICITY IN AFGHANISTAN

    By admin — 6 years ago

    Siemens SGT-A45, The World’s Most Advanced Gas Turbine, Will Form Core Of Bayat Power-1, And Produce Electricity For 200,000 Afghan Homes and Businesses

    Kabul, Afghanistan—April 15, 2019—Bayat Power, the power generation division of Bayat Energy (www.bayat-energy.com), Afghanistan’s largest Afghan-owned Energy Exploration, Development and Production Company, announced today that the Company has achieved a crucial milestone in its mission to provide affordable and reliable electric power to all Afghans, with the Company’s acquisition and shipment of the Siemens SGT-A45 Mobile Turbine, the world’s most advanced gas to electricity power generation solution.

    The Siemens SGT-A45—made in Houston, Texas by Siemens USA —can generate up to 41 megawatts (MW) of power at 50 HZ. The Siemens SGT-A45 forms the core of the first phase of Bayat Power-1, Bayat Power’s Gas to Electricity power plant, located in Northern Afghanistan.

    Bayat Power’s acquisition of the Siemens SGT-A45—a powerful symbol of the Afghan-American partnership, which is rebuilding Afghanistan’s power sector while also creating jobs in America—was commemorated at a ceremony attended by high level representatives including:

    • H. E. Roya Rahmani, Afghan Ambassador to the United States
    • Karen L. Freeman, Assistant to the Administrator for the Office of Afghanistan and Pakistan Affairs, USAID
    • Dr. Ehsan Bayat, CEO of Bayat Power and Founder, The Bayat Group
    • Dan Simpson, Executive Vice President Global Solutions, Siemens USA
    • Richard Wolf, President and CEO, Relevant Power Solutions, LLC

    “As the representative of The Government of Afghanistan, I want to thank Dr. Ehsan Bayat and Bayat Power; as well as the Siemens/RPS team for being our partners in the quest to develop Afghanistan’s vast energy resources,” said H.E. Roya Rahmani, the Ambassador of Afghanistan to the United States.

    “Bayat Power is proud to be the very first power company in the world to operate the Siemens SGT-A45 Mobile Turbine—and to harness its unmatched power production capabilities in service to the Afghan nation,” said Dr. Ehsan Bayat, CEO of Bayat Power and the Chairman of The Bayat Group.  “This project and the Siemens SGT-A45 fast power solution will form the foundation upon which we will create thousands of jobs and provide the essential electricity required to create jobs, companies, and entire industries in Afghanistan.”

    This first phase of Bayat Power-1 is scheduled to become operational in late summer 2019 and generate enough electricity for 200,000 Afghan homes and businesses. When all three phases of Bayat Power-1 are completed, the plant will generate 200 megawatts of power, enough electricity to serve millions of Afghan residential and commercial users.

    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

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    Press Release

    DR. EHSANOLLAH BAYAT, FOUNDER AND CHAIRMAN OF THE BAYAT GROUP RECEIVES ANNUAL LEADERSHIP AWARD FROM AFGHAN-AMERICAN CHAMBER OF COMMERCE

    By admin — 7 years ago

    Kabul, Afghanistan—May 3, 2018—The Bayat Group (www.bayat-group.com), Afghanistan’s largest private company and employer, whose divisions include market-leaders Afghan Wireless (www.afghan-wireless.com), Ariana Television, (www.arianatelevision.com), ATN News (www.ariananews.af), Bayat Energy (www.bayat-energy) and other enterprises, announced today that Bayat Group Founder and Chairman Dr. Ehsanollah Bayat, is the recipient of the Annual Leadership Award from The Afghan American Chamber of Commerce (AACC).

    The Afghan-American Chamber of Commerce is the leading non-profit organization dedicated to championing investment in Afghanistan and promoting strong and supportive relationships between Afghan and American business leaders. The AACC bestowed its Annual Leadership Award—the organization’s highest honor—upon Dr. Bayat in recognition of his powerful and innovative leadership in helping build a modern Afghan economy.

    The Bayat Group is Afghanistan’s largest employer, providing jobs to approximately 100,000 Afghans.  Its operating subsidiaries include Afghan Wireless—The Bayat Group’s founding company—which launched Afghanistan’s wireless sector; Bayat Power, the nation’s leading gas-to-power generation company; Ariana Television and Radio; and the Bayat Foundation, a philanthropic organization dedicated to nourishing the lives of at risk Afghan families and children.

    “I accept the AACC’s Annual Leadership Award with tremendous gratitude,” said Dr. Ehsanollah Bayat, the Founder and Chairman of The Bayat Group. “The Bayat Group invests and builds in Afghanistan—we have a workforce that is 99 percent Afghan—because we want Afghans to live better lives,” Dr. Bayat said.

    About The Bayat Group

    Founded by Mr. Ehsan Bayat, The Bayat Group (www.bayat-group.com), is Afghanistan’s most prominent diversified services company, comprising Media and Telecoms (Afghan Wireless, Ariana TV/Radio), Energy and Mining (Bayat Energy), Construction, Security and Logistics Enterprises. A leader of Afghan-based economic development, The Bayat Group provides employment to more than 6,000 Afghans through its direct operations and employs more than 100,000 other Afghan citizens through its ecosystem of dealers and vendors.

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