Korean Company installs water treatment equipment in Absheron Hydrology
Azersu OJSC, a company that provides potable water supply and sanitation services across Azerbaijan, signed a contracting agreement with South Korean company Hansol EME Co LTD on April 5 on installation of the waste-water treatment equipment in Pirshagi settlement of Baku. The installation of the equipment will enhance protection of the ecology of the Caspian Sea.
Installation and construction works will start in the third quarter of 2016 and be completed in 2018. The modern wastewater treatment facility with the capacity of 40,000 cubic meters per day will be installed within the framework of the Pirshagi wastewater treatment project, Azersu reported.
The installation of this equipment will contribute to the ecological security of the Caspian Sea. The discharge of untreated sewage water produced in a north-eastern part of the Absheron Peninsula into the Caspian Sea will be prevented after the commissioning of the mentioned equipment and establishment of sewer infrastructure in these areas.
The wastewater discharged from the settlements like Pirshagi, Kurdakhani, Magammadi, Nardaran, Digah, Mashtaga and others will be treated with the help of this installation.
The new facility will also contribute to the development of the sewerage infrastructure in the Absheron Peninsula.
The Government of Azerbaijan funds the project together with the Export-Import Bank of South Korea. The loan agreement worth $43.5 million was signed with the Korean bank in 2014. The loan has been allocated for 40 years with the initial 10 years at a discounted rate of 0.2 percent per annum.
Addressing the signing ceremony, Chairman of Azersu Gorkmaz Huseynov said the issues of providing the country’s population with uninterrupted high-quality water is always on the focus of President Ilham Aliyev.
Some projects are being implemented in cooperation with international financial organizations, Huseynov said, adding that the cooperation with the financial institutions and companies in South Korea are noteworthy in this area.
Vice-president of Hansol EME Co LTD, Hee-Jung Cho expressed his satisfaction about the participation in the projects implemented in Azerbaijan adding that all possible means will be involved for achieving the quality in the project in the short term.