...

Georgia plans new power plant construction worth $4.153B

Business Materials 22 October 2015 17:04 (UTC +04:00)
Plans for construction of new power plants valued at $4.153 billion are being carried out in Georgia
Georgia plans new power plant construction worth $4.153B

Baku, Azerbaijan, Oct. 22

By Elena Kosolapova - Trend:

Plans for construction of new power plants valued at $4.153 billion are being carried out in Georgia, according to information published on the website of Georgia's ministry of energy.

Among these projects, 24 power plants, to cost $3.023 billion, are in the process of licensing and construction. Among the largest power plants are the Khudoni hydropower plant on the Enguri river (installed capacity - 702 MW, expected annual output of 1,500 gigawatt/hours), Nenskra hydropower plant on the Nenskra river (installed capacity - 210 MW, expected annual output of 1,200 gigawatt/hours), Dariali hydropower plant on the Tergi river (installed capacity - 108 MW, expected annual output of 521 gigawatt/hours), Koromkheti hydropower plant on the Acharistskali river (installed capacity - 150 MW, expected annual output of 463 gigawatt/hours) and the Shuakhvi hydropower plant on the Acharistskali river (installed capacity - 175 MW, expected annual output of 437 gigawatt/hours).

The Khudoni hydropower plant is expected to begin operating in 2022. The investment in this project is estimated at $776.702 million.

Also, the Nenskra hydropower plant is scheduled for completion in 2021, with electricity generation beginning in 2019. The investment in this project is $1 billion.

The Dariali hydropower plant is planned to be launched in 2019, with an investment of $105 million.

Further, the Koromkheti hydropower plant is to be launched in 2020. Investments in the project will reach $250 million, with construction carried out by Adjaristsqali Georgia.

The Shuakhvi hydropower plant is to be launched in 2018, at a cost of $290 million.

Earlier it was reported that the ministry of energy of Georgia planned to increase the nation's electricity production from 10.96 billion kilowatt/hours in 2015 to 15.15 billion kilowatt/hours by 2020, 37.67 billion kilowatt/hours by 2025 and 50.31 billion kilowatt/hours in 2030.

---

Follow the author on Twitter: @E_Kosolapova

Tags:
Latest

Latest