NEW WATER POWER PLANT WILL BE BUILT

Lragir.am
04-06-2007 13:15:57

On May 29 the Georgian government and Georgian Urban Energy, a Turkish
company, signed an agreement on building a water power plant in
Samtskhe-Javakheti, Lake Parvana, A-Info reported. According to the
agreement, the construction of the 70-80 megawatt power plant will
start in 2007 and finish within the upcoming four years. The Turkish
side committed to investing over 100 million U.S. dollar. According
to the Georgian Prime Minister Zurab Nogaideli, the water power plant
will fully supply Georgia in winter, and in summer the excess energy
will be sold to Turkey.