Azerbaijan to consider attracting KfW loan for consumer waste management in Ganja
Azerbaijan, Baku, Jan. 12 / Trend I.Khalilova /
Following the evaluation of integrated solid consumer waste management system's feasibility study in the city of Ganja and harmonizing the concept, a decision will be made on reasonability of attracting a loan from German Development Bank KfW, Azerbaijani government told Trend.
"The bank has expressed willingness to provide 20 million euros for implementation of the project, but the amount of the credit that may be attracted from KfW, as well as the reasonability of financing the project partly by external borrowing, will be decided according to the results of the concept's harmonization, in particular, coordination of a number of important nuances, the source said. - This applies to processing of collected consumer waste and using it as an alternative means of energy through recycling. "
The project's feasibility study was developed by the ERM / ASPI company.
"Starting early December last year, we are expecting a final decision of the Azerbaijani government," Baku office of the German bank told Trend.
According to estimates, construction of a polygon with square of 25 hectares, capable to utilize 2.8 million tons of waste per year, requires fewer funds than the sum, offered by the bank. The costs are estimated at 14 million euros considering the city's population of more than 350,000 people. However, given the expansion of the city by joining neighboring areas Dashkesan, Goranboy, Geygel and Samukh regions, these costs may be higher.
The territory of Ganja was increased by 2694 hectares and is currently 12 500 hectares.
Commissioning of the polygon in Ganja is scheduled for 2016.
Ganja is located in the western part of the country, 345 kilometers away from Baku.