Azerbaijan Investment Company, KEPCO to sign a memo on private power plant

Azerbaijan Investment Company, KEPCO to sign a memo on private power plant
# 15 November 2007 09:56 (UTC +04:00)
Azerbaijan’s Ministry of Economic Development said the document is to be signed by President of Azerbaijan Investment Company and Vice-President of Korea Electric Power Corporation (KEPCO).
The project is estimated to spend $0.75 billion to $1 billion in investment which will be known accurately after feasibility study is complete. Kepco and other investors will give the necessary funds. Construction is scheduled to commence in June-July next year.
The 700 MWe power plant is said to use 250 grams of oil equivalent/kilowatt-hour.
On September 24, Kepco and Azerbaijan’s Ministry of Economic Development signed the first document on the project. /APA-Economics/








#
#

THE OPERATION IS BEING PERFORMED