A new thermal power plant will be built in the Nakhchivan Autonomous Republic of Azerbaijan, APA reports.
President of the Republic of Azerbaijan Ilham Aliyev has signed an Order in this regard.
According to the Order, the State Oil Company of Azerbaijan (SOCAR), taking international experience into account, is tasked with negotiating with potential partner investors for the construction of the new thermal power plant in the Nakhchivan Autonomous Republic, engaging consulting companies, preparing the Technical and Economic Justification and other project documents, and ensuring that the final proposals for the project are coordinated with relevant state authorities (institutions) and submitted to the Cabinet of Ministers of the Republic of Azerbaijan within five months.