BAKU, Azerbaijan, February 13. We have great energy potential with little investment, President of the Republic of Azerbaijan Ilham Aliyev said during the groundbreaking ceremony held at the Gulustan Palace in Baku for a 1,280-MW thermal power plant, the largest in Azerbaijan's independence period, Trend reports.
"A strong electricity infrastructure has already been created in Mingachevir, and the construction of this station in Mingachevir is primarily aimed at that.
This is why we have great energy potential with little investment. At the same time, 60 percent of the funds to be paid will be provided by “Azerenergy” itself. The remaining 40 percent will be provided through loans," President Ilham Aliyev said.