Agreement between government of Azerbaijan, Masdar and AccessBank approved

President Ilham Aliyev has signed an order on approval of the direct agreement on investment contract between the Government of the Republic of Azerbaijan, Masdar Azerbaijan Energy LLC and AccessBank JSC.

According to Report, the aim of signing the order is to ensure the implementation of the president's decree dated April 2, 2021, on measures to implement the pilot project connected with the construction of a solar power plant with the established capacity of 230 MW.

The agreement was inked by Minister of Energy Parviz Shahbazov on behalf of the government on July 30 of this year.