Bank Of Baku

Mineral deposits in Azerbaijan commissioned for 10 months

Mineral deposits in Azerbaijan commissioned for 10 months
# 11 August 2025 16:27 (UTC +04:00)

The Auction Organization Center of the State Service for Property Issues under the Ministry of Economy and the State Agency for the Use of Mineral Raw Materials under the Ministry of Ecology and Natural Resources of Azerbaijan held another auction for the commissioning of mineral deposits, APA-Economics reports.

The "Katechchay" sand-gravel deposit (1.15 ha) located in the Balakan district and the "Mukhas-Dashagilchay" sand-gravel deposit (16 ha) and the "Nij" clay deposit (3.5 ha) located in the Oguz district were commissioned at the auction.

The auction for the commissioning of the "Katechchay" sand-gravel deposit was held for 1 LOT. The final price of the "Katechchay" deposit was 1,725 manat. The deposit was commissioned for 10 months. The winner of the auction was "Specialized Railway Enterprise No. 11" LLC.

The auction for commissioning the "Mukhas-Dashagilchay" sand and gravel deposit was held for 4 LOTs. The final price of the "Mukhas-Dashagilchay" deposit was 6,400 manats for LOT-1, 7,550 manats for LOT-2, 9,600 manats for LOT-3, and 10,700 manats for LOT-4. The deposit was put into operation for 10 months. The winner of the auction for all 4 LOTs was "Körpu-Bina-Tikinti" LLC.

The auction for commissioning the "Nij" clay deposit was held for 1 LOT. The final price of the "Nij" deposit was 16,700 manats. The deposit was put into operation for 10 months. The winner of the auction was "Körpu-Bina-Tikinti" LLC.

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