Head office
84, Uzeyir Hajibeyov str., Government House,
AZ1000, Baku, Azerbaijan
AZ1000, Baku, Azerbaijan
The Azerbaijan Energy Regulatory Agency provides preferential loans to individuals and legal entities from the Energy Efficiency Fund through authorized credit organizations, with an annual interest rate of up to 5%, for the implementation of measures stipulated in the Law of the Republic of Azerbaijan “On Efficient Use of Energy Resources and Energy Efficiency”, dated July 9, 2021, No. 359-VIQ.
Areas financed through preferential loans:
Terms for preferential loans:
|
Loan Type
|
Amount (AZN)
|
Term
|
Grace Period
|
| Small-scale loans | 1 000 – 50 000 | Up to 5 years | 6 months |
| Medium-scale loans | 50 001 – 1 000 000 | Up to 10 years | 12 months |
| Large-scale loans | 1 000 001 – 10 000 000 | Up to 15 years | 24 months |