Georgia, Tbilisi, September 16/Trend, N. Kirtzkhalia/
Georgian Prime Minister Bidzina Ivanishvili and Energy Minister Kakha Kaladze on Monday will take part in a ceremony to launch the construction of a new HPP in Adjara.
As the Georgian Energy Ministry reported, the installed capacity of Shuakhevi HPP is 178 megawatts and an annual electricity output of 445.1 million kilowatt hour.
According to the report, the project sees the construction of two dams and reservoirs.
Along with the construction of Shuakhevi HPP, investors are beginning to build Skhalta HPP which is a part of a number of hydroelectric power plants.
The installed capacity of this HPP is 5.8 megawatts and annual electricity output is 20.8 million kilowatts hours.
The investment value of both projects is $300 million. Construction of the power plant is to be completed in the second half of 2016.
Construction of a cascade on the River Acharistskali is being carried out by the Indian company Tata Power (40 per cent stake), Norwegian Clean Energy Invest (40 per cent) and IFC InfraVentures (20 per cent), which was established at the first stage by the International Finance Corporation (IFC).