Baku:The feasibility study for the Green Energy Corridor project, which aims to link Azerbaijan, Georgia, Romania, and Hungary, has been successfully completed and received approval from the governments of the involved countries.

According to Azeri-Press news agency, the project has now progressed into the development phase. The next steps will involve activities to be carried out during this phase and the establishment of a roadmap leading to the final investment decision. The Green Energy Corridor Power Company (GECO) is seeking expressions of interest from potential investors and partners to participate in the project.

The project plans include the phased construction of three high-voltage direct current lines, each with a capacity of 1.3 GW. The timelines for these lines are set for the first to be operational in 2032, the second in 2036, and the third in 2040.