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
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Azerbaijani President Ilham Aliyev has signed amendments to two presidential decrees, refining the roles and appointments of the State Customs Committee's representatives abroad, including in international organizations.
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Auditing organizations and independent auditors in Azerbaijan concluded 7,232 contracts valued at 133.2 million manats ($78.4 million) in 2023, reflecting increases of 20% in the number of contracts and 7.1% in their total value compared to the previous year, according to the Chamber of Auditors.
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The third meeting of the auction commission was held to evaluate the proposals submitted by participants in the auction for the Gobustan Solar Power Plant project, supported by the European Bank for Reconstruction and Development (EBRD). The meeting focused primarily on determining qualification eligibility and selecting the auction winner, according to the State Agency for Renewable Energy Sources.
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There is no sensationalism in the recent renaming of the Azerbaijani ship Karabakh to Mingachevir; the new name was given to the ship to ensure that two vessels would not operate under the same name, the Merchant Fleet of Azerbaijan Caspian Shipping Company (ASCO) CJSC told Turan.
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