Azerbaijan, Kazakhstan, Uzbekistan found joint venture for green energy corridor project

Azerbaijan, Kazakhstan and Uzbekistan signed a document today on the establishment of a joint venture - Yaşıl Dəhliz Birliyi LLC - to implement the Azerbaijan-Central Asia Green Energy Corridor project, Report informs, citing the Ministry of Energy of Azerbaijan.

The signing of the document took place within the framework of the event at the Ministry of Energy dedicated to the establishment of Yaşıl Dəhliz Birliyi LLC and the approval of its charter, between Azerenerji OJSC, Kazakhstan Electricity Grid Operating Company and National Electric Grid of Uzbekistan JSC.

The document was signed by Vice President of Azerenerji Ziyaddin Guliyev, department head of the Kazakhstan Electricity Grid Operating Company Saltanat Shunayeva and Deputy Chairman of the National Electric Grids of Uzbekistan Feruz Kurbonov.

In addition, the parties agreed on the appointment of Farhad Mammadov to the position of head (general director) of the new joint venture, which will operate in Baku.

Azerbaijani Deputy Minister of Energy Elnur Soltanov spoke about the importance of the Agreement on Strategic Partnership in the field of development and transmission of green energy between the governments of the Republic of Azerbaijan, the Republic of Kazakhstan and the Republic of Uzbekistan signed by the Heads of State within the framework of the COP29, as well as the Implementation Program between the three countries and the Ministries of Energy of the Kingdom of Saudi Arabia on the relevant project.

It was noted that the implementation of the project will play an important role in ensuring energy security, achieving the Sustainable Development Goals for three countries and the green energy agenda.