AZERBAIJAN Tariff (Price) Council of the Republic of Azerbaijan

Country Map

Population	8896900 According to the Statistics Committee of the AR
GDP/Capita	4836.5 According to the Central Bank of the AR
Generation	Total: 18.1 GW Fossil fuel: 15.9GW Nuclear: -- Hydro: 2,2 GW
Electricity Market Size	---
Installed capacity	6271.7 MW
Including TPP	5356.0 MW
HPP	915.7 MW
Peak demand
Actual capacity	4730.5 MW
Including TPP	3916.0 MW
HPP	814.5 MW
Net Electricity Exporter	269.29 million m3
Imported natural gas	--
Consumed natural gas	5418.7 bcm

• The Tariff (Price) Council of the Azerbaijan Republic was estabilished in 2005
• Has the following organizational structure: Chairman and 12 members (deputy Ministers and vice-heads of departments) of the Council are approved by the Decree of the President of the AR
• Total number of staff is 25 employees. The number of the Commissioners is 13
• The Council is funded from the state budget.  
   

Main duties of the Council are as following:

• To ensure implementation of regulation of prices that are classified as those that are regulated by the state, and in accordance with normative and legal acts of the current legislation of the Azerbaijan Republic;
• Adoption of relevant documents on price regulation (choosing the method of regulation, reviewing proposals, preparation, adoption, application, changing drafts, etc.);
• Making proposals on strengthening of the state control over pricing (tariff setting) and application of prices (tariffs), and also on improving the legislation and legal framework for state regulation of prices;
• Preparation of proposals on benefits for investors, certain groups of consumers, enterprises and organizations, including those related to setting norms and limits.
• To represent the Azerbaijan Republic at international and regional organizations, at scientific and practical conferences and workshops on issues related to price regulation.