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The Government Wants to Deprive Khudonhess Project to the Transelectric

The Government Wants to Deprive Khudonhess Project to the Transelectric

The government wants to build Khudonhess without a private investor.

The government is convinced that Georgia needs one of the largest power plants, however, there are disagreements on some issues with the investor “Trans Electrica Georgia”, but no one talks about it.

Today it became known that the government offered “Trans Electric” to withdraw from the project.

“We are currently negotiating with the investor. We offer to deliver the project to the state and decision on the implementation of this project will be made then. It must be carried out and constructed, as the project is important in energy, as well as economic point of view”, – Kakha Kaladze, Minister of Energy said to Media.

David Mirtskhulava, technical director of the company confirms protracted negotiations but without details. He declares that negotiations are held between the investors and officials, and he even does not know when the process ends.

The investor has spent 32 million USD in the project of 1 billion and the company is likely to return at least this amount. To note, local residents are against construction of hydroelectric power station of 702 mgwt, they protest damage of the environment.

Issue of Khudonhesi project is nearly 40 years. Construction began in the early 80-ies. Immediately began protests against the construction. Protest was high in Svaneti as well. In 2013, demonstrations and protest were renewed after the renewal of the project