According to him, the project costs $300-330 mln.
He noted that the Caspian Sea has potential for construction of wind power plants, APA reports.
“Chinese, UAE and German companies are interested in the project”, Badalov said.
He stressed construction of project will be carried out in three steps: “Construction of objects of the station, construction of road over water, as well as installation of platform and distribution of power network. It is planned the modern wind park will contribute to development of tourism field. According to initial estimates, the project will justify itself within ten years”.