The newly-created Azerishig will conduct structural changes to improve the management system.
As a result of the structural changes, Sumgait Regional Electric Network MMC Ltd will be closed. The Northern Regional Department of Power Supply will be established instead of it.
The Department will include the power distribution sub-divisions of Sumgait as well as northern regions Guba, Gusar, Shabran, Khachmaz, Khyzy and Siyazan.
Azerishig was created by the presidential decree on February 9, 2015 to improve power supply of the regions of the country. It was established on the basis of Bakielectricshebeke JSC, which was in charge of power distribution in Baku and Absheron peninsula. Before that Azerenerji, state monopoly for power generation and transportation, was in charge of power distribution in the regions.--0--
Economics
-
Azerbaijan has dispatched its first rail cargo shipment from Baku to China, marking a significant milestone in its ambitions to become a critical hub along the Middle Corridor. The Azerbaijan Railways (ADY) confirmed on Sunday that the inaugural "Baku-Xi'an" export block train, comprising 62 40-foot containers, has begun its journey.
-
Azerbaijan’s Cabinet of Ministers approved a detailed framework for the preparation of sector-specific strategic plans aimed at guiding the country’s economic development over the medium term.
-
Azerbaijan’s ADY Express, a subsidiary of Azerbaijan Railways CJSC, signed several strategic agreements on the sidelines of the Logitrans Türkiye 2024 exhibition in Istanbul, Turkey, reinforcing its commitment to expanding freight transport services along the Middle Corridor.
-
Azerbaijan plans to establish state-of-the-art battery storage facilities for green energy with a total capacity of 350 MW within the next 4-5 years, a well-informed source in the Ministry of Energy told Turan.
Leave a review