The country has been actively recruiting foreign companies to build wind, solar and hydropower plants on the basis of public-private partnerships and has signed agreements to implement several large power projects.

The rate on access operations to provide liquidity was raised to 15 percent from 14.5 percent and the rate on access operations to withdraw liquidity - to 13 percent from 12.5 percent.

The holding's total equity declined to 2.25 billion manats as of January 1, 2022 from 2.6 billion manats a year earlier. Revenue rose to 1.7 billion manats from 1.6 billion manats.

Ukrainian officials proposed new talks with Russia – specifically on tackling the long-running humanitarian crisis in Mariupol. But Moscow said nothing about the appeal.