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Azerbaijan to reduce losses in production and supply of electricity

Oil&Gas Materials 27 October 2011 19:15 (UTC +04:00)

Azerbaijan, Baku, Oct. 27 /Trend, E.Ismailov/

In the medium term period (2012-2015), Azerbaijan will continue efforts to expand the use of alternative and renewable energy sources, according to a draft concept of socio-economic development in 2012 and next three years, presented for consideration to the Azerbaijani Parliament.

In the medium-term outlook, the country will continue work to establish new energy capacity, including new power plants and transmission lines, according to the project. Along with the creation of new capacity, it is planned to continue work on the reconstruction of existing plants and power transmission systems.

The measures in the medium-term period also include supporting entrepreneurial activities in the energy sector. It also provides reducing technical and technological losses in production and supply.

Currently, Azerbaijan's energy capacity is 6,500 megawatts, which gives reason to consider the country having the largest energy capabilities in the region. Over the past seven years, the power capacity of Azerbaijan has increased by 2,300 megawatts, which was made possible thanks to the reconstruction and modernization of old facilities and building new ones.

20-percent increase in generating capacity in the country is planned to be made at the expense of commissioning Janub power plant in the III quarter of next year, construction of the second combined-cycle plant in Azerbaijani TPP.

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