Turkey’s Adzhar Energy to build seven power plants in Georgia
Posted by meb at March 4th, 2008
Turkey’s “Adzhar Energy” will construct seven new hydro power plants in Azharia in accordance with a memorandum, signed by Energy Minister Aleksandr Hetaguri of Georgia and “Adzhar Energy” Director General Metin Gumusoglu.
According to Hetaguri, investments into hydro power plants will total $167 million. The total capacity of plants will be 119 MegaWatt.
The construction will start in 2009 and will create 2,000 new jobs.
The construction is a part of the government’s program, Hetaguri stressed. He noted that electricity will be exported to Turkey.
Negotiations on construction of four hydro-power plants on the rivers Rioni, Inguri and Kura are underway.
source: The New Anatolian
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