BAKU, Azerbaijan, February 28. The "Samad Vurghun" substation in Barda, Azerbaijan, is slated to undergo renovations soon, Trend reports.
The current 35/10 kV "Samad Vurghun" substation is slated for an
enhancement to a 110 kV configuration.
"Azerishiq" Open Joint Stock Company (OJSC) has successfully
executed a series of deliverables pertinent to this initiative.
The operational execution of this project has been delegated to
"IMA Energy" Limited Liability Company (LLC), and a formal
agreement has been executed.
Under the terms of the contract, the company has been paid 14.1 million manat ($8.29 million).
To note, "IMA Energy" LLC, which will carry out the renovation work at the substation, was registered in 2009. The company has a charter capital of 5,000 manat ($2,940).