Baku /20.08.19 / Turan: State LLC "MİDA" concluded on August 19 3 contracts for the purchase and installation of gas, water and electric meters in apartments built in the Hovsan residential area. The cost of the work is not so cheap, as analysis of the data published in the public procurement register shows.
MIDA LLC under the State Housing Agency awarded contracts to three companies based on the results of an open tender. Qaz Oil Building LLC will install gas meters, RF İnşaat LLC - water meters and Bakelektro OJSC - electricity meters. The total value of these contracts amounted to 2,936,224 manat or 1 million 727.2 thousand US dollars.
The town in the village of Hovsan consists of 11 multi-apartment residential buildings. Seven of them are seven-story with eighteen entrances, and four are ten-story with one entrance. The whole building consists of 2962 apartments, which will be sold to privileged categories of persons. Thus, the purchase and installation of one electric meter will cost 407.02 manat ($ 239.4), a gas meter - 323.41 manat ($ 190.2), a water meter - 260.85 manat ($ 153.4). ---08B---
Economics
-
The State Statistics Committee of Azerbaijan reported that in 2024 investments in fixed assets reached 21,435.1 million manats, which is 0.7% less than in 2023. While overall figures edged lower, the sectoral breakdown reveals notable disparities between the oil and gas sphere and non-oil industries.
-
Azerbaijan’s industrial enterprises and individual entrepreneurs reported a modest 1.1% year-on-year increase in industrial production during 2024, reaching an output valued at 64.1 billion manat. The State Statistics Committee attributed the overall growth to a 0.5% expansion in the oil and gas sector, while non-oil and gas industries surged by 7.3%.
-
Global diesel prices and refining margins have spiked following the latest U.S. sanctions targeting Russian oil trade, as markets brace for reduced supply, analysts and LSEG data indicate.
-
Azerbaijani President Ilham Aliyev hosted Georgian Prime Minister Irakli Kobakhidze on Friday for high-level talks aimed at further developing the strategic partnership between the two neighboring countries in the South Caucasus.
Leave a review