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Volume of Work on Reconstruction of Two Thermal Power Plants in Azerbaijan Defined

Oil&Gas Materials 2 June 2007 12:40 (UTC +04:00)

Azerbaijan, Baku / corr. Trend S.Aliyev / A number of hydraulic structures will be replaced, substations will be reconstructed, management center of the Plant will be transferred and one of the energy blocks will be repaired during the reconstruction work in Azerbaijan Thermal Power Plant (TPP) in Mingechaur which is intended to be carried out through finances of the Islamic Development Bank (IDB). The Vice President of Azerenergy JSC, Marlen Askerov, said that in addition, Varvara Thermal Power Plant is intended to be reconstructed through the finances of the Bank.

The Islamic Development Bank is expected to grant a credit totaling $100mln to Azerbaijan for the reconstruction of these two plants.

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