Three new hydroelectric power plants to be built in Georgia
Tbilisi, Georgia, Jan. 27
By Nana Kirtzkhalia - Trend:
Three new hydroelectric power plants will be built in Georgia.
"Large-scale Alpana and Sadmeli hydroelectric power plants will be among them," Georgian Energy Minister Kakha Kaladze said after a government meeting on Monday.
"A tender was announced for a 230-megawatt hydroelectric power plant on the Rioni River," he said. "Turkish company Chalik Energy won the tender. The feasibility study must be prepared within 12 months."
"The second project is Mestiachala envisaging the construction of a 27-megawatt hydropower plant on a tributary of the river Inguri," Kaladze said. "The amount of investments will hit $39 million."
"The feasibility study must be also prepared within 12 months," he added. "The Bank of Georgia won this tender."
"Local business has recently intensified," he said. "This is appreciated by the government."
Kaladze mentioned the meetings held as part of the economic forum in Davos and stressed that power engineering is an interesting area for investors.
"This is very encouraging," he said. "We will do everything for Georgia to become an energy-independent country in the near future."
Translated by NH
Edited by CN