Product Code Database
Azerishiq is the Baku electrical grid operator.
By the order of the president from 2000 to 2002, it was transferred to the Ministry of Economic Development as "Bakielektrikshebeke" OJSC. On October 20, 2000, the first turn of Baku-Heating Center No. 1 was put into operation. From 2002 to 2006, it was managed by Turkish Barmek Holding A.Ş.
After restoration of Bakielektrikshebeke's activity in 2006, funds were allocated from the Presidential Reserve Fund for power development and investment.
By the decree signed by President on February 10, 2015, the name of Bakielectricshebeke OJSC changed into Azerishiq OJSC. Balababa Rzayev was appointed president of Azerishiq. Functions of Azerenerji OJSC including its property and electric energy supply equipment was transferred to Azerishiq from the Cabinet of Ministers. According to the Presidential Order dated January 7, 2020, Vugar Ahmadov was appointed the Chairman of Azerishig.
In 2015, Azerishiq prepared the power distribution modernization project with the financial help of the World Bank. The aim of the project is to develop and modernize the distribution network, improve power supply reliability and enhance efficient energy. Azerbaijan: Power Distribution Modernization Project (2015)
|
|
