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Georgia Finishes Construction Works of First Wind Power Station

Construction works of Georgia’s first wind power station have ended. A total of 6 wind turbines with 3.45 megawatt installed generation power has been already installed.

In October-November the power station will be tested under international standards to examine the turbines capability for power generation. The world’s leading Supplier Company Vestas Benelux is carrying out the turbines installation works.1-gori-wind-power-station-660x330

LLC Kartli Wind Power Station is a state subsidiary company founded and registered in compliance with the Georgian legislation, in which the stock capital is shared by JSC Georgian Energy Developed Fund (GEDF – 50.01%) and JSC Georgian Oil and Gas Corporation (GOGC – 49.9%). For the project financial support, active negotiations were conducted with the European Bank for Reconstruction and Development (EBRD).

Based on the EBRD requirements, the company were to receive 30% of the project value from partner companies, while the Bank would finance the remaining 70% in the form of a loan. On January 11, 2016, LLC Georgian Wine Power Station and EBRD signed an agreement on financing the project by 24 million USD loan.


Georgia to Arrange Tourism Infrastructure at Enguri HPP

Tourism infrastructure will be organized at the Enguri hydro power plant (HPP). According to the 20:30 information, the project will be implemented through cooperation between the Culture Heritage Protection National Agency and various departments. The construction works will start in 2017 and end in three years.

2-maxresdefault-1-660x330The project calls for arranging rope-ways, landscape watching zones, corresponding infrastructure for extreme sport followers, the world’s one of the highest glass elevators.

Nikoloz Antidze, director general for the culture heritage protection national agency, has already submitted a due concept to Energy Minister Ilia Eloshvili and Minister of Culture Mikheil Giorgadze. The concept was developed with support of Estonian experts Ott Sarapuus and Andrews Kiresaar.

The status of a national monument was conferred to Enguri HPP cascade in 2015.


September 21, 2016

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