2026-2-16 03:14 |
Azerbaijan's Azerenergy OJSC has announced a tender for the construction of Chardagli-1 and Chardagli-2 small hydropower plants. Companies interested in participating must submit their proposals by the specified deadline, with a participation fee required.
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Azerenergy Open Joint Stock Company (OJSC) of Azerbaijan has announced a tender for certification and control audit services per ISO 45001 and ISO 50001 standards. The participation fee is 250 manat ($147), with bids due by 10:00 (GMT+4) on January 30, 2026. trend.az »
2026-01-03 23:23
In the first half of the year, Azerenergy increased electricity production at hydroelectric power plants by over a quarter, while output at thermal plants slightly declined. Overall, electricity generation across the country rose by more than two percent, driven by growth in renewable and alternative sources. trend.az »
2025-07-16 00:43
Russian companies are gearing up to throw their hats into the ring by boosting their involvement in Iran’s crude oil production with fresh investments.
In January, Azerbaijan’s foreign trade turnover took a hit compared to the same time last year, with both exports and imports taking a nosedive.
S&P Global Ratings has affirmed the stable credit ratings of the Azerbaijan Business Development Fund (ABDF), highlighting the successful integration of its predecessor entities and strong capitalization.
Iran's railway sector has seen a boost in investment, prioritizing infrastructure development. The Younesi-Birjand-Milek-Zabol-Zahidan railway line, which will connect Chabahar port to Zahedan and Sarakhs, is a key project. This railway will be financed by the local private sector.
A decline in the unemployment rate has been recorded in Iran during the third quarter of the current Iranian year.
Iran's imports of goods from Azerbaijan saw a significant decline over the last 10 months compared to the previous year. Both the value and volume of imports decreased. The imported goods included equipment, compressed soy, profiles, and other items.