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Kaladze: it is Difficult to say When Construction of Khudon HPP Will Begin

Kaladze: it is Difficult to say When Construction of Khudon HPP Will Begin

Works are carried on Khudon HPP project, Vice Premier declares, but refrains to name exact date of construction launch.

According to Kaladze, the project is big and it contains many details, which should be agreed, including tariff policy. Kaladze declares, that the Ministry works on new approaches linked to the tariff policy of the energy generated in Georgia.

“We work on new approaches linked to the tariffs. We have new offers from the investors, which should be rather interesting and later we will hold negotiations with all companies, which want to implement the new project”, – the Minister declares.

To remind, “TransElektrica” wants to construct Khudon HPP. The project envisages construction of HPP with installed capacity of 702 mgwt. However, more than 1 billion USD will be spent.