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Nenskra HPP Project Launches its New Website

Nenskra Hydropower Plant project company, JSC Nenskra Hydro has launced a new website –www.nenskrahydro.ge. Alongside with the general information on the Project, 10 volumes of Environmental and Social Impact Assessment (ESIA) Report is available on the website both in English and Georgian languages. In the future all the Project related …

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A 30-Million Project Halted in Batumi

A 30- Million Project Halted in Batumi

A 30-million multifunctional project has been suspended in Batumi. The project is carried out by the Georgian New Construction Company (NCC); according to plan, multi-functional buildings were to be built on the boulevard instead of old featureless houses, including, a 100-room hotel, a restaurant, cafe-bars, a swimming pool, bowling club, …

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Heidelbergcement to Launch USD100 Million Investment Project in Kaspi

Heidelbergcement to Launch USD100 Million Investment Project in Kaspi

Upgrade of the Heidelbergcement Kaspi Cement Plant is launched. The groundbreaking ceremony of the USD100 million investment project will be held on Tuesday. The project envisages full modernization of the Kaspi Cement Plant to the modern Dry Line method of clinker production. The investment project will further ensure the highest standards of …

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BP Reveals Cost of Contracts on Azerbaijan’s Biggest Gas Project

Contracts worth about $18 billion have been signed so far within the second phase of the development of Azerbaijan’s Shah Deniz gas and condensate field and the expansion of the South Caucasus pipeline, said a message from BP, an operator of these projects. The company organized a press tour Sept. …

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IFC Studying Southern Gas Corridor Project

IFC Studying Southern Gas Corridor Project

International Finance Corporation (IFC) is studying the Southern Gas Corridor project, IFC representative in Azerbaijan Aliya Azimova told Trend Sept.9. She pointed out that this project is of great importance for the entire region. “We constantly follow the ongoing processes in this project and systematically connect with its main participants. …

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$50 Million Project by “Rekan Group” is set to Continue

$50 Million Project by “Rekan Group” is set to Continue

“Rekan Group Georgia’s” construction project of a multifunctional complex in Adjara is set to continue. The government of Adjara decided to write off the company’s fines for failing to fulfil its liabilities. In return, the “Rekan Group” will renew its commitment to fulfilling all its liabilities and pay the equivalent …

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Quality Mark Award for the Guides Begins in Adjara

Quality Mark Award for the Guides Begins in Adjara

Tourism Department of Adjara, started quality mark awarded for the guides in Adjara within the frame of  a new project of “Recommended by the Tourism Department”. Presentation of the project has been held for the operating guides in the region on Friday. They have introduced meaning of the project, engagement mechanism and advantages. The …

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Major Energy Project that Georgia will Implement

Major Energy Project that Georgia will Implement

In his public letter Bidzina Ivanishvili, the former Prime Minister of Georgia, has appraised the four-year performance of the Georgian Dream ruling party. Mr. Ivanishvili has also overviewed the economic performance of the current Authorities. According to the public address, 114 memorandums have been signed on implementing renewable energy projects. …

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