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Tuesday, 10 February 2015 17:00

Bakielektrikshebeke OJSC renamed into Azerishiq OJSC Featured

President of the Republic of Azerbaijan Ilham Aliyev has signed the Executive Order to rename Bakielektrikshebeke Open Joint Stock Company into Azerishiq Open Joint Stock Company. Under the other Order, Balababa Rzayev was appointed Chairman of Azerishiq OJSC, Caspian Energy News (www.caspianenergy.net) reports with reference to the press service of the President of the Republic of Azerbaijan.

According to the document, Azerishiq OJSC, buying electricity in the Republic of Azerbaijan, shall supply consumer with energy safely and usefully in Azerbaijan, apply new technologies in this sphere, modernize material-technical base, provide usage of it and carry out other related works.

The Cabinet of Ministers of the Republic of Azerbaijan was charged to take measures in a two-month period to transfer Azerenerji OJSC’s functions on supplying consumers with electric power in the territory of Azerbaijan to Azerishiq OJSC, including transfer of property and other equipment necessary for supplying consumers with electricity, which is now on balance of Azerenerji OJSC, to Azerishiq OJSC. At the same time the Cabinet of Ministers shall work out and submit to the President of the Republic of Azerbaijan new draft charters and structures of Azerenerji OJSC and Azerishiq OJSC.

 

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