BAKU, Azerbaijan, September 25. On September
25, 2026, as part of the Second Azerbaijan International Investment
Forum, a Memorandum of Understanding on cooperation in water
resource management signed between SOCAR, the Azerbaijan State
Water Resources Agency and UAE-based Esyasoft Holding was
exchanged.
This was reported by the press service of SOCAR.
The document was exchanged by Rovshan Najaf, President of SOCAR,
Zaur Mikayilov, Chairman of the Azerbaijan State Water Resources
Agency, and Bipin Chandra, Director of Esyasoft Holding.
The Memorandum provides for cooperation in the assessment,
general design and deployment planning of a Smart Water Grid
Management System in Azerbaijan. Within this framework, the parties
will prepare a feasibility study covering the technical,
operational, commercial, financial, regulatory and cybersecurity
aspects of the project, as well as the project's implementation
plan.
The project aims to modernize water resources management and
distribution infrastructure, reduce technical and commercial water
losses, and improve the quality of services provided to consumers.
The system is expected to include smart water meters, remote data
collection and processing, water network monitoring, leak
detection, pressure management and digital hydraulic modelling
solutions.
Under the document, SOCAR will be responsible for developing the
project's financing model and a potential public-private
partnership framework, as well as energy-efficient solutions for
water supply systems, including the optimisation of pumping system
operations.
The project is expected to draw on Esyasoft Holding's
international expertise in smart utility technologies, as well as
the experience gained through the Smart Gas Network Transformation
Project implemented with SOCAR’s Azerigas Production Union in
Azerbaijan. Adapting this experience to the water sector will
support the development of smart metering, real-time monitoring,
loss detection and data-driven network management.
