The joint venture company would ensure the implementation of the Green Energy Corridor project, in accordance with the agreement between the Governments of Azerbaijan, Georgia, Romania and Hungary.
“The Green Energy Corridor is an ambitious project agreed by the Governments of Azerbaijan, Georgia, Romania and Hungary with the support of the European Commission, which will integrate the regional energy capacity and will provide electrical energy from renewable sources at competitive prices, in line with the current energy transition objectives at the level of the European Union,” Transelectrica said.
AzVision.az
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