The first online meeting on the preparation of the feasibility study of the Central Asia-Azerbaijan Green Energy Corridor project was held with the participation of Deputy Energy Ministers of Azerbaijan, Kazakhstan and Uzbekistan, Joint Venture, CESI S.p.A company, Asian Development Bank (ADB) and electric power companies of three countries.
Deputy Energy Minister Orkhan Zeynalov emphasized the importance of joint efforts by the three countries, international financial institutions, and consulting companies in exploring the significant renewable energy potential of Azerbaijan, Kazakhstan, and Uzbekistan. He noted that the Central Asia–Azerbaijan Green Energy Corridor project will elevate strategic cooperation to a new level by strengthening energy interconnections between the countries.
Kazakhstan’s Deputy Energy Minister Sungat Yesimkhanov and Uzbekistan’s Deputy Energy Minister Umid Mamadinov expressed high expectations from the project. They highlighted that the Central Asia–Azerbaijan Green Energy Corridor holds strategic importance for regional energy integration and the low-carbon energy transition.
During the meeting, discussions focused on the planned activities and organization of the relevant mission for the initial phase of the technical-economic feasibility study, which will be carried out jointly by the consulting company CESI S.p.A, as well as Türkiye’s EPRA and the United Kingdom’s JURU companies. Agreement was reached on the next steps.
It should be recalled that, for the implementation of the project, based on the Agreement on Strategic Partnership in the Field of Green Energy Development and Transmission signed between the governments of Azerbaijan, Kazakhstan, and Uzbekistan, the Green Corridor Alliance - a Joint Venture was established. Italy’s CESI S.p.A company was selected as the winner in an international tender for the preparation of the technical-economic feasibility study. The process is being carried out with the support of the Asian Development Bank (ADB) and the Asian Infrastructure Investment Bank (AIIB).
