WB overviews project on restoration of energy transmission systems in Azerbaijan
Azerbaijan, Baku, June 10 /Trend, N.Ismayilova/
World Bank economist Neil Patterson will visit Baku from 16 to 23 June to overview the project on restoration of energy transmission systems, WB Baku office said on June 10.
The project completed in December. Within the project, the French AREVA Company assists in bringing 60 high-voltage substations in Azerbaijan into full compliance with the requirement of SCADA (single dispatch system). The task of the company was to connect all stations to the three dispatch centers established in Azerenergy JSC under the first phase of the SCADA project.
Creating a SCADA system will allow operatively reacting to the situation in the energy network, as well as improving the efficiency of energy supply and reduce losses. The project envisages equipping SCADA system to all regions of Azerbaijan.
The total project cost is estimated at $55 million, of which $48 million was provided by the World Bank and $7 million - the Government of Azerbaijan. The WB Board of Directors approved a loan on May 17, 2005, and it became the first of credits allocated to the country under the conditions of International Bank for Reconstruction and Development.