“As far as the Agreement on Strategic Partnership signed by Azerbaijan, Georgia, Romania and Hungary is concerned, of course, its essence has not been fully analyzed yet. Because it was a novelty and came as a surprise to many,” said President Ilham Aliyev as he was interviewed by local TV channels.
“Of course, when we started working on this project, we clearly saw what steps should be taken to implement it. Therefore, after we joined this project, it actually started to be implemented. Because this project as an idea, a general concept that had preexisted for many years. Even the feasibility study is being prepared, and in the initial transmission capacity of the project was calculated at one thousand megawatts of electricity. After we joined the project and did all the analysis, we suggested that once we have joined it, let’s do it on a larger scale. We proposed that it should be at the level of 4,000 megawatts instead of 1,000 megawatts,” the head of state noted.
“The implementation of this project also raises investment interest in Azerbaijan. Because we currently do not have the ability to export so much electricity. We export, our average export capacity is around 1,000 megawatts. However, the investment projects currently being implemented in Azerbaijan – two projects are already being implemented, one is a solar power plant, one is a wind power plant, and the third project is to be implemented in the coming months – will provide us with more than 700 megawatts of clean green energy,” the President added.