The Asian Development Bank (ADB) is considering a loan of up to $40m to finance two biomass to power and heat projects in Azerbaijan.

AzerbaijanThe total power generated would amount to 16 MW in total, with the two pilot biomass cogeneration installations providing electricity and heating in the Oghuz and Agjabedi regions of the country.

  ADB said that the projects could be scaled up and replicated in other regions in Azerbaijan with similar resources and conditions.

A management review meeting at ADB will be held on June 6.

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