Azerbaijani leader funds AZN 10 million for upgrade of high-voltage power lines

13:29 - 21.12.2018

December 21, Fineko/abc.az. Azerbaijani President Ilham Aliyev has signed a decree on the measures on reconstruction and improvement of high-voltage power lines.

Under the order, AZN 10 million will be initially allocated from the Presidential Reserve Fund of State Budget 2018 for an increase of the authorized capital of electric company Azerenerji, construction of the power transmission line for the Gobu substation, renewal of the power line with capacity of 110 kW.

The Ministry of Finance will undertake the financing procedure.

 

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