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Georgia seeks to construct power plants worth $4.153B

23 October 2015 09:34 (UTC+04:00)
Georgia seeks to construct power plants worth $4.153B

Plans for construction of new power plants valued at $4.153 billion are being carried out in Georgia, Georgia’s ministry of energy reported.

Among these projects, 24 power plants, to cost $3.023 billion, are in the process of licensing and construction. Among the largest power plants are the Khudoni hydropower plant on the Enguri river (installed capacity - 702 MW, expected annual output of 1,500 gigawatt/hours), Nenskra hydropower plant on the Nenskra river (installed capacity - 210 MW, expected annual output of 1,200 gigawatt/hours), Dariali hydropower plant on the Tergi river (installed capacity - 108 MW, expected annual output of 521 gigawatt/hours), Koromkheti hydropower plant on the Acharistskali river (installed capacity - 150 MW, expected annual output of 463 gigawatt/hours) and the Shuakhvi hydropower plant on the Acharistskali river (installed capacity - 175 MW, expected annual output of 437 gigawatt/hours).

The Khudoni hydropower plant is expected to begin operating in 2022. The investment in this project is estimated at $776.702 million.

Also, the Nenskra hydropower plant is scheduled for completion in 2021, with electricity generation beginning in 2019. The investment in this project is $1 billion.

The Dariali hydropower plant is planned to be launched in 2019, with an investment of $105 million.

Further, the Koromkheti hydropower plant is to be launched in 2020. Investments in the project will reach $250 million, with construction carried out by Adjaristsqali Georgia.

The Shuakhvi hydropower plant is to be launched in 2018, at a cost of $290 million.

Earlier it was reported that the ministry of energy of Georgia planned to increase the nation’s electricity production from 10.96 billion kilowatt/hours in 2015 to 15.15 billion kilowatt/hours by 2020, 37.67 billion kilowatt/hours by 2025 and 50.31 billion kilowatt/hours in 2030.

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