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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According to the State Customs Committee, in the first eleven months of this year, Azerbaijan transported 6.96 million tons of cargo by rail, worth $3.01 billion. This represents a 4% decrease in volume and a 10.1% decline in value compared to the same period in 2023.
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The Cabinet of Ministers of Azerbaijan has approved a set of regulations to govern the approval of agreements under the country’s competition law, aimed at fostering compliance with legal frameworks and enhancing market transparency.
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Azerbaijan's ambitious program to restore territories liberated from Armenian occupation has attracted attention due to the extensive use of single-source procurement methods, raising concerns about transparency and corruption.
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Azerbaijan recorded a 2% increase in wheat imports from January to November 2024 compared to the same period in 2023, underscoring its continued reliance on external sources to meet domestic demand. This growth comes amid a significant decline in domestic wheat production, which decreased by 148,100 tons in 2024, further intensifying the need for imported supplies.
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