Рђzerenerji JSC may take Bayva-Enerji under management since 1 March
The Рђzerenerji Joint Stock Company (JSC) is holding negotiations with the government of Azerbaijan and is likely to commence managing the Bayva-Enerji company since 1 March, the head of the Рђzerenerji JSC Etibar Pirverdiyev told journalists today, Trend reports.
According to him, the decision on reimbursement of the investments is not within the competency of the Рђzerenerji JSC, as the contract on management by electrical networks Gynjaelectricshabake (Gyanja electrical power network) JSC and Alibayramlielectricshabake (Alibayramli power networks) had been concluded between the Ministry of Economic Development and Bayva-Enerji.
President of Azerbaijan Ilham Aliyev signed on 5 December a decree on liquidation of rights for Bayva-Enerji for management by Gynjaelectricshabake and AlibayramlielectricshabakeВ". From the moment of the contracts cancellation both JSCs are transferred to Рђzerenerji JSC.