Some 143 female entrepreneurs used loans allocated by the Azerbaijani Agrarian Credit and Development Agency in the amount of 1.7 million manat ($1 million) and benefits in the same amount during the first month of 2021, Deputy Chairperson of the Agency Leyla Mammadova said at an event entitled “National Business Agenda for Women and Coalition […]
Baku Stock Exchange puts CBA short-term notes up for auction
The Baku Stock Exchange (BSE) held a new auction for short-term notes of the Central Bank of Azerbaijan (CBA), Trend reports referring to a source in the BSE. During the auction, the CBA had put up short-term notes worth 100 million manat ($58.8 million) with a circulation period of 28 days. Reportedly, 19 investors filed 31 orders […]
New tariffs for electricity in Azerbaijan announced
The new tariffs for electricity have been set in Azerbaijan, the Azerbaijani Tariff Council told Trend. The information centers that consume electricity through 110 kV power lines, have a stable load during the day and which for production purposes consume at least five million kWh of electricity during the day, will receive electricity at the following […]
Azerbaijan has huge potential for renewable energy – Gazprombank
Azerbaijan has a huge potential for renewable energy, Denis Shulakov, First Vice President of Gazprombank, Head of the Gazprombank’s Capital Markets Block, said, Trend reports. Shulakov made the remark at an online meeting with Azerbaijani Energy Minister Parviz Shahbazov. During the meeting, the parties discussed prospects for cooperation in the energy sector. The sides also […]
Partnership in energy sector plays important role in long-term relations between Azerbaijan and Italy
The partnership in the energy sector plays an important role in the long-term relations between Azerbaijan and Italy, Azerbaijani Energy Minister Parviz Shahbazov said at a meeting with newly appointed Extraordinary and Plenipotentiary Ambassador of Italy to Azerbaijan Claudio Taffuri, Trend reports referring to the Azerbaijani Ministry of Energy. During the meeting, attention was paid to the […]
Electricity tariffs for population remain unchanged in Azerbaijan – Tariff Council
Electricity tariffs for the population have not been changed, Trend reports citing the Azerbaijani Tariff Council. “The changes in electricity tariffs refer to the information centers that consume electricity through 35 kV and 110 kV power lines, have stable load and consume at least five million kWh of electricity per day for production purposes,” the message said. […]