Azenerji JSC that managed distribution network of Bayvacompany afte the latter had gone bankrupt has received a credit from French bank Societe Generale for reconstruction of these networks, Trend reports with reference to the JSC officials.
The credit was spent to purchase counters for network subscribers, construct new supports for power lines, as well as to purchase and install other equipment.
Salekh Mamedov, chief engineer with Azenerji, told Trend within the first stage of network reconstruction 10,000 counters had been purchased to date. These counters are made in Kazakhstan.
At the moment Bayvas networks are not fully managed by Azenerji as liquidation commission with the Ministry of Economic Development of Azerbaijan did not show up with results yet.