Till the end of 2014 Azerenerji plans to complete construction of five small hydraulic power stations in Azerbaijani regions, said Azerenerji chairman Etibar Pirverdiyev
He said till the end of this year it is planned to complete construction of small hydraulic power stations in Balakan, Oguz, Ismayilli and Astara regions. “Construction of a small hydraulic power station with the capacity of 3 Mwt has been almost completed in Geychay region,” he explained.
He said that Azerenerji has 13 thermal power stations and 8 hydraulic power stations. Till now Azerenerji had only one small hydraulic power station Vayhir with the capacity of only 5 Mwt, which was built in Nakhchivan Autonomous Republic (NAR) in 2006. Azerenerji has intensified construction of small hydraulic power stations since 2012. It was connected with the government’s initiative to develop alternative power in the country, part of which is construction of small hydraulic power stations on the mountainous rivers. Although the State Agency for Alternative Energy was created in the country in August 2009, president has instructed the company in charge of generation of traditional type of power to build small hydraulic power stations.—0—
Economics
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By the end of 2024, inflation in Azerbaijan is projected at 5.1%, increasing to 5.8% in 2025, as per the Central Bank's announcement. Just six months ago, in April, the bank had forecasted inflation at 3.5% for 2024 and 4.2% for 2025.
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The Cabinet of Ministers of Azerbaijan has approved the charter of the "Tourism and Recreation Zones Management and Development Center," a public legal entity under the State Tourism Agency. The decision, made on November 4, is intended to fulfill the requirements outlined in the presidential decree from August 2, 2024.
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A new desalination plant to produce drinking water is set to be built in Sumgait, Azerbaijan, as part of a project aimed at meeting increasing water demands in Baku and the Absheron Peninsula. The project was announced on November 5 during a bid-opening ceremony for proposals submitted in a tender for the plant’s development, according to the Turan news agency.
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Heydar Aliyev International Airport (GYD) has solidified its role as a critical transit hub for Azerbaijan, connecting Baku to over 80 international destinations across more than 30 countries. With routes linking major European cities like London, Paris, and Rome, as well as strategic points in the Middle East, Central, and South Asia, the airport has become central to Azerbaijan’s tourism and transit expansion.
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