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Azerenerji Offers to Increase Cost of Electric Power

Politics Materials 22 November 2006 17:26 (UTC +04:00)

Azerenerji Joint-Stock Company once again appealed to the Azerbaijani Government with a proposal to increase the tariffs for the electric power, the Vice President of Azerenerji, Marlen Askerov said, Trend reports. According to him, this necessity is felt for releasing the State from indirect financing. According to him, presently the prime cost of the electric power amounts to 210 old Azeri manats. However, the prime cost of the electric power will further increase due to the increase of the prices for natural gas imported from Russia.

According to the Vice President, today the level of collecting the payment for electric energy equals 54%. But despite that the primary cost of the electric power in Georgia is three times more expensive than it was in Azerbaijan. The collection of the electric power payment is realized at 95%.

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