During 6 months, 2016 power generation in Azerbaijan totaled 10,954,600,000 KWh, down 6.3% against the same period last year.
According to the State Statistical Committee, during this period generation of tank power totaled 10,471,100,000 KWh (decline by 6.1%).
During 6 months thermal power stations generated 9,370,100,000 KWh of tank power (decline by 8.4%), while hydraulic power stations – 1,065,800,000 KWh (growth by 16.5%).
During this period generation of tank power by the alternative sources totaled 35.8 million KWh, of which 9.2 million KWh was wind power (growth by 2.6 times) and 26.6 million KWh (growth by 16.6 times) was solar power.
During quarter 1, 2016 share of alternative power in total power generation in Azerbaijan constituted 0.342%. The data of about five mini hydraulic power stations with the capacity between 5 and 20 MWt has not been taken into consideration.—0—
Economics
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Azerbaijan Railways CJSC (AZD) transported 713,699 passengers in January 2025, marking a 15% increase compared to the same period last year, the company said on Tuesday.
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Last week, Azerbaijani media reported an impending increase in retail bread prices, attributing the rise to an increase in product weight. The following day, an official notification confirmed that the government had no intentions of sanctioning a bread price hike in the country. However, the threat of a price increase for this staple food remains for another reason.
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S&P Global Ratings has revised its risk assessment of Azerbaijan’s banking sector, upgrading the outlook from "stable" to "positive."
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In recent days, there have been claims that bread prices in Azerbaijan have risen. Social media users report that the price of bread has increased by 5-10 qepiks. According to consumer complaints, it is difficult to find weight information on factory-produced bread, commonly known as "zavod çörəyi" in Azerbaijan. In many cases, bread packaging does not include weight details. Similarly, bread sold at smaller bakeries and tandir houses often lacks information apart from the price.
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