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Georgia turns into electricity exporter

Oil&Gas Materials 5 October 2011 20:36 (UTC +04:00)
The Government is implementing a new energy project to increase the export potential.

Georgia, Tbilisi, Oct. 5 /Trend, N.Kirtskhalia/

The Government is implementing a new energy project to increase the export potential. Last year was unprecedented - the country exported 1.3 billion kw/hour, Georgian Minister of Energy and Natural Resources Alexander Khetaguri said today at a meeting of the parliamentary committee.

"For comparison: in 2005 we imported 1.3 billion kw/h, that is, over the past five years, Georgia turned from a full importer into a full exporter of electricity. Each new power plant ensures the growth of export potential, which will provide a firm guarantee of economic growth," Khetaguri said.

According to the minister, the losses have reduced significantly, and today make up only 1.7 percent. The minister said that by 2015, Georgia intends to double its energy capacity by building 11 new hydropower plants. Also, transmission lines are being constructed to export surplus electricity abroad.

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