GEORGIA CONCERNED OVER RA -TURKISH RAPPROCHEMENT

PanARMENIAN.Net
14.09.2009 17:38 GMT+04:00

/PanARMENIAN.Net/ Georgian and Turkish state electro systems signed
an agreement on parallel construction of Euro 300 million high voltage
Black Sea power transmission line, financed by EBRD/KfW/EIB.

Contract terms are of major importance, as, according to information
circulated, Turkey could have hampered project’s implementation,
based on political situation resulting from RA-Turkish rapprochement.

According to Sulkhan Zumburidze, director of the state power dispatcher
Georgian State Electro system, project realization is not threatened,
as, by the contract already signed, Turkey has undertaken certain
obligations and the construction is due to start before the end of
2009. No parallel negotiations are conducted between Turkey and RA,
State Electro system director assured.

500 KW Black Sea power transmission line will increase Georgia’s
exporting capacity. Akhaltske 500 kW power construction is scheduled
for 2009-20012.