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Azerenerji establishes division on distribution networks

Oil&Gas Materials 12 December 2005 12:52

Azerenerji JSC works on development of the effective management of the joint stock companies Ganjaelectrikshebeke and Alibayramlyelectricshebeke, improvement of energy supply of towns and regions, collection of energy charges in relation to the President’s decree on liquidation of Bayva’s rights to manage these companies and their assignation to Azerenerji, Trend reports referring to the press release spread by Azerenerji on Monday.

According to Marlen Asgarov, the Vice-President of the Company, they will first establish the division on distribution networks regulating legal and financial issues related to the admission of Bayva’s authorities, which refused from its rights due to incapability of effective management and fulfillment of the contract commitments.

The new division is supposed to coordinate and control the work of the networks, keep books and plan repair, but according to Asgarov, the functions and the authorities of the division have not determined yet. The government and appropriate Ministries are currently unifying the issue.

Asgarov said that the similar situation was observed with the Barmek Azerbaijan, the operator of the energy distribution networks of Baku and Sumgayit. “The Company violates the contract commitments,” he added.

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