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Greek DEPA company issues statement connected with dissatisfaction with Turkish BotaÅŸ company

19 September 2011 15:35 (UTC +04:00)

Baku. Habil Suleymanzadeh â€“ APA-Economics. In response to recent media reports about negotiations between DEPA and BotaÅŸ, DEPA issued a statement, director of the State Agency for Alternative & Renewable Energy Sources Akim Badalov told APA.

The statement reads:

â€œDEPA has complied fully and in utmost good faith with its obligations under the contract with BotaÅŸ. DEPA has confirmed its preparedness to pay BotaÅŸ the revised contract price for the full period of its effect and to be invoiced accordingly immediately. DEPA has also provided for this in its financial statements. There ought to be no dispute between the parties. But BotaÅŸ has claimed an additional revision of the price, also with retroactive effect, based on grounds which are factually unsubstantiated. DEPA is confident in its position and looks forward to continuing its close and productive relationship with BotaÅŸ.â€