GERMAN DELEGATION PROPOSES PREPARATION OF PLAN FOR MODERNIZATION OF POWER NETWORK
Minister Aliyev told of the accomplishments achieved in the energy sector of Azerbaijan.
Discussions at the meeting revolved around prospects for development of cooperation in the industry and energy sector and ways of attracting German investments in Azerbaijan. Under the agreement, Azerbaijani industrialists will go to Germany for experience exchange.
Members of the German delegation came forward with an initiative to prepare a general plan for modernization of the Azerbaijan power grid and prevention of loss. They said this proposal would be discussed at the Germany-Azerbaijan forum.
Under the agreement reached, cooperation in the industry and energy sector will be discussed during German Economics Minister’s visit to Azerbaijan slated for October this year.