Azerbaijani-Chinese JV to significantly increases capacity of produced combi boilers
Baku, Azerbaijan, Sept. 25
By Matanat Nasibova - Trend:
The combi heating system production plant, a joint Azerbaijani-Chinese venture owned by Azerbaijan’s Elektrogas LLC, plans to significantly increase the capacity of the manufactured combi boilers, Director of Elektrogas LLC Elnur Jamilli told Trend.
According to the director, the process is scheduled to begin in 2020.
"Currently, the plant produces combi boilers with power capacity from 24 kW to 52 kW. We plan to bring these figures to 100 kW," Jamilli said.
The director noted that the plant plans to produce up to 100,000 units of combi systems annually.
"We plan to increase the production capacity of the enterprise in order to increase supplies to the domestic market and increase exports," he added.
Azerbaijani and Chinese investments in the amount of two million manats were invested in the establishment of the plant.
In the future, the company plans to increase investments to 11 million manats.
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