BAKU, Azerbaijan, July 2
By Tamilla Mammadova - Trend:
Namakhvani hydropower plant (HPP) has received a building permit, said Georgia’s Minister of Economy and Sustainable Development Natia Turnava, Trend reports referring to Georgian media.
She made the remark after the government meeting.
Turnava added that this is a historic project for the country's energy sector.
“Namakhvani HPP has already received a building permit, and construction has already begun. Over $700 million will be invested in the project. This is a contribution to our local energy generation, which will contribute to the sustainability of the country's energy system,” said Turnava.
According to her, other HPP projects are also being implemented in Georgia.
"US Cerberus Frontier company is steadily expanding its portfolio in HPPs in Georgia. The company also will construct a small HPP Bakhvi 1 in the Guria region of Georgia,” the minister said.
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