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Power plants may be privatized in Azerbaijan

Oil&Gas Materials 7 February 2018 13:39 (UTC +04:00)
Power plants in Azerbaijan may be privatized, the State Property Issues Committee said in a message Feb. 7.
Power plants may be privatized in Azerbaijan

Baku, Azerbaijan, Feb. 7

By Azad Hasanli - Trend:

Power plants in Azerbaijan may be privatized, the State Property Issues Committee said in a message Feb. 7.

This is reflected in the Strategic Road Map for development of public utilities in Azerbaijan. A working group has already been created to study the possibility of privatization of power plants. The working group includes representatives of Azerenerji OJSC, the ministries of energy and economy. International consultants are also involved in the process.

Azerenerji OJSC is studying the condition of power plants in Azerbaijan, identifying the strategically important power plants which should remain on the balance of the state.

At the next stage it is planned to attract investors or operators to privatization of power plants.

The final proposals for privatization will be prepared taking into account the comments of foreign experts and will be submitted to the Azerbaijani government after agreement with relevant structures.

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