Gross domestic product (GDP) grew by 11.3 percent year-on-year in January-September this year after contracting 5.0 percent in the same period last year.

Lenders reported a rise in total net profit of 19.3 percent year-on-year of 570.1 million manats ($335.4 million) in the period from January to October 2021.

The decision to award the consortium the project was based on its offer of $33.67564 per megawatt-hour (MWh), the lowest electricity cost compared with other competing bids.