TODAY.AZ / Business

World bank increases volumes of financing on energy project

05 March 2005 [16:35] - TODAY.AZ
The rising of price for SCADA system introduction is connected with expansion of project. As "Azenerji" reported, it is provided to add networks the realization of which is planned in future, which will require additional funds.
"Azenerji" reported that the question of project's rising in price would be discussed with experts of World Bank.

If earlier the World Bank planned to allocate $40 million dollars, now the volumes of financing are expanded to $48 million.

The project provides realization of second phase of modernization of power control system and rehabilitation of transmission infrastructure.  The project provides introduction of SCADA system at the enterprises of power industry and also technical armament of some high voltage substations and renewal of lines of system scale.

URL: http://www.today.az/news/business/18706.html

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