The Ministry of Energy of Azerbaijan and Azerenergy OJSC and ACWA Power of the Kingdom of Saudi Arabia have signed three contracts on wind power plant project with a capacity of 240 MVt, APA-Economics reports.
The agreements on investment, power purchase, and connection to the transmission network have been signed between the parties.
The agreements have been signed by Minister of Energy Parviz Shahbazov, the president of Azerenergy Balababa Rzayev and chairman of the board of ACWA Power Muhammad Abunayyan.