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Georgia to build fifteen new HPP by 2015

Oil&Gas Materials 12 February 2011 11:17 (UTC +04:00)

Georgia, Tbilisi, Feb.12 / Trend N. Kirtskhalia /

Georgia will build 15 new hydropower plants by 2015, Georgia President Mikheil Saakashvili said during his address in the parliament.

"I promise that the construction of 13 more hydropower plants will also start by this time, as Georgia has large energy reserves of clean energy, "he said.
Saakashvili said that Georgia intends to export electricity and benefit from it.
"Demand for clean energy grows, and we intend to use it, and it would be wrong not to use these opportunities," he said.
Saakashvili said that capacity of the constructed hydropower plants is more than 1,500 megawatts.
Earlier, Energy Minister Alexander Khetaguri said that Georgia plans to attract $ 3.5 billion to build hydropower plants.

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