BAKU, Azerbaijan, July 9. The cost for constructing new small hydropower plants (SHPs) in Azerbaijan’s liberated territories has been announced, Trend reports.
The execution of the Kalbajar urban development initiative and
the Eyvazli Small Hydropower Plants (SHPs), coupled with the
seamless incorporation of the newly established SHPs into the
existing power grid infrastructure, will be undertaken.
Azerenergy Open Joint-Stock Company (OJSC) has initiated the
requisite operational processes.
The organization is in the process of evaluating and onboarding a
vendor for the execution of these initiatives.
Azerenergy concurrently projects the capital expenditure for the
construction phase at 36.95 million manat, equivalent to $21.8
million.
