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Increase of electric power prices in Azerbaijan isn't actual yet

Oil&Gas Materials 18 July 2006 20:21 (UTC +04:00)

At the moment, we dont raise the question of increasing the prices of electric power. It depends on the welfare of population, Natig Aliyev, the Minister of Industry and Energy of Azerbaijan, told Trend.

We cannot increase the prices of electric power. It may be increased if there is such a need, he stressed.

Earlier, the European Bank for Reconstruction and Development put forward a requirement to increase the energy prices as one of the terms of allocating credit for the reconstruction of Azerbaijan Heat Power Station in Mingachevir. However, recently this question was eliminated.

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