Azerbaijani Energy Regulatory Agency, IFC Talk Private Sector Investment In Energy Sector
Date
12/21/2022 3:23:16 PM
(MENAFN- Trend News Agency) BAKU, Azerbaijan, December 21. The Energy
Regulatory Agency (AERA) under the Ministry of energy of Azerbaijan
and the International Finance Corporation (IFC) have discussed
attracting private sector investments in the energy sector of
Azerbaijan, trend reports, citing AERA.
This issue was discussed at a meeting between AERA Board
Chairman Samir Akhundov and IFC County Representative in Azerbaijan
Aliya Azimova.
The discussed public-private partnership in the field of
renewable energy sources, public sector involvement in the field,
and electricity exports and tariffs.
Akhundov stressed the importance of public-private partnership
in the energy sector, informed the meeting participants about the
investment projects implemented in Azerbaijan in the field of
renewables, as well as about the export opportunities for
electricity.
In turn, a member of the delegation, IFC expert on
public-private partnership Philip Drapak spoke about the effective
impact of public-private partnerships on the production of
renewable electricity.
He also noted that the IFC has extensive experience in
attracting private sector investments in the energy sector.
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