| Financier | Commitments |
|---|---|
| International Bank for Reconstruction and Development | 173.50 |
Azerbaijan Scaling-Up Renewable Energy Project
Abstract*
The project comprises the following activities:
- Component 1: Absheron Garadagh Wind Power Plant Connection and Transmission Network Expansion. This component will finance the transmission infrastructure required to evacuate power from the 240 MW Absheron Garadagh Wind Power Plant and expanding the grid to enhance reliability and stability for the integration of 1.8 GW of VRE in Azerbaijan’s power system.
This component comprises the following:
(a) Subcomponent... Show More
Development Objective
The project development objective is to enable renewable energy integration and ensure stability in Azerbaijan’s power grid
Key Details
Project Details
P505208
Active
Roger Coma Cunill , Florian Kitt
Azerenerji OJSC
May 9, 2024
(as of board presentation)
March 27, 2025
N/A
US$ 0.00 million
Azerenerji OJSC
2025
US$ 173.50 million
N/A
N/A
October 31, 2029
Yes
BANK APPROVED
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | 173.50 |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | 173.50 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | N/A |
Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025
No data available.
Detailed Financial Activity as of March 31, 2025
No data available.
Results Framework
No data available.