BAKU, Azerbaijan, Nov. 6
By Matanat Nasibova – Trend:
Some 1,500 combi heating systems manufactured by the Azerbaijani-Chinese Elektrogas LLC were sold in Azerbaijan from August through October 2019, director of the company Elnur Jamilli told Trend.
“The company plans to sell 3,000 combi heating systems in the domestic market,” the director added.
“Some 2,000 combi heating systems were manufactured by the company from August through October 2019," he said. "In total, 3,000 combi heating systems are planned to be produced till late 2019. Presently, the company produces combi heating systems with a capacity from 24 kW to 52 kW. We plan to increase the capacity up to 100 kW. Moreover, we intend to annually produce up to 100,000 combi heating systems from 2020."
The director stressed that the company’s heating systems will be exported to the foreign markets under the Made in Azerbaijan brand.
"The company produces six varieties of combi heating systems, three of which are envisaged for export,” Jamilli said. “The company’s heating systems are sold domestically at an affordable price. The cost of one combi heating system is 450 manat ($264) with a 2-year warranty period.”
“Our heating systems are cheaper than those imported to Azerbaijan, for example, from China,” the director said. “The cost of the cheapest combi heating system imported from China is 550 manat ($323). At the same time, Azerbaijani heating systems are designed to be used even at the lowest gas pressure."
Local and Chinese investments worth two million manat (over $1.2 million) were made to establish the plant of the company. The investment volumes are planned to be increased up to 11 million manat (over $6.4 million) in the future.
The company has been operating since April 2019.
Elektrogas plant is located in Baku’s Zabrat settlement.
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