BAKU, Azerbaijan, May 14
Tamilla Mammadova – Trend:
Georgia has received financing from the World Bank toward the cost of the energy supply reliability and financial recovery, Trend reports via Georgian media.
As reported, Georgia intends to apply part of the proceeds for consulting services.
The Georgian State Electrosystem JSC (GSE) is now seeking expressions of interest of Consulting Services for Feasibility Study for Construction of Georgia-Romania Undersea Power and Digital Interconnection Project.
The Georgian transmission network operator - Georgian State Electrosystem – has a robust ten-year network development plan for 2020-2030 (TYNDP 2020-2030) aimed at further improvement of electricity supply reliability in the country and improvement of regional connectivity of the Georgian power system.
One of the projects, which is currently being evaluated for inclusion in TYNDP, is the electric and digital interconnection between Georgia and Romania (GE-RO Interconnection Project).
This Interconnection Project, which the World Bank’s preliminary economic analysis confirmed to be viable, would create significant economic benefits for Southern Caucasus countries and Romania. In particular, the electric cable would allow SC countries to benefit from expanded export opportunities to Romania and broader South-Eastern Europe (SEE) considering the hourly energy market prices and import electricity during winter time periods at competitive rates thus reducing dependency on existing expensive imports and thermal generation.
GSE now invites eligible consulting firms to indicate their interest in providing the services. Interested consultants should provide information demonstrating that they have the required qualifications and relevant experience to perform the services.
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