Memorandum of Understanding was signed between GNERC and the Azerbaijan Energy Regulatory Agency

Memorandum of Understanding was signed between the Georgian National Energy and Water Supply Regulatory Commission (GNERC) and the Azerbaijan Energy Regulatory Agency.

The Memorandum was signed by the GNERC Chairman, Davit Narmania and the Chairman of the Agency Board, Samir Akhundov.

The basis of cooperation is the promotion of the development of energy sector regulation.

The purpose of the Memorandum is to exchange information between the parties in the field of energy regulation, both on legislative and other issues falling within their competences, to organize joint training programs, study visits and experts’ trainings on the regulation of renewable energy and energy efficiency.