Azerbaijan, Baku / corr. Trend U.Ismaylova / The Minister of Economic Development of Azerbaijan, Heydar Babayev, said on 5 June that the European Bank for Reconstruction and Development (EBRD) will provide technical support to Azerbaijan in constructing Independent Power Plants.
In April the Ministry signed a Memorandum of Understanding with the Korean State Company of KEPKO regarding preparation of a feasibility study for the construction of such plants.
According to Babayev, the capacity of the plants will fluctuate between 500 and 1000 MWt. The plant will be constructed in the settlement of Alat or the city of Sumgayt.