↑ Scroll to top

Another Large Investment in the Energy Sector

Published: October 23, 2013 | 3:16 pm
Text size: -A +A

The Ministry of Energy and the company Mtkvari Energy have signed a memorandum regarding the construction of 16 new hydroelectric power plants. The memorandum allows for a preliminary technological and economic research process, which is to last for 27 months. The construction works are to begin afterwards. The total power of the planned power plants is to exceed 331 mw, while the annual productivity is to reach 2 billion kw/h. A total of $600 million will be invested into the projects. The power plants are to be situated at the riverbed of Mtkvari.

VN:F [1.9.10_1130]
Rating: 0 (from 0 votes)
Share on Facebook Share on Twitter
More posts in category: Featured,Local Business News
  • Will TAV-Georgia Remain at Tbilisi and Batumi Airports Until 2037?
  • TEDxTbilisi 2012 to be Held in February
  • Sergei Lavrov’s Statement
  • Georgian Chamber of Commerce and Industry Organizes Business Delegation Visit in Germany