Economy

Georgian Energy Exchange Conducts First Trade Amid Market Reforms

On July 1, the first transaction occurred on the Georgian Energy Exchange. According to the exchange's information, a total of 1,022 megawatt-hours (MWh) of electricity were traded, with a weighted average price of 126.43 GEL/MWh.

RMG Announces Participants for its One-Month Summer School Program in August

RMG has unveiled the participants for the 2024 Summer School, marking the sixth iteration of this practical program.

JSC "Hydrogenius" Acquires 100% Stake in "Mtkvari Hesi" Project

"Mtkvari HPP is one of Georgia's most prominent hydropower projects, with a total installed capacity of 54.1 MW and an average annual electricity output of 259.8 million kWh.

Pension Assets in Georgia Reach ₾5.2 Billion, Reports Goga Melikidze

Goga Melikidze, Chief Investment Officer of the Pension Agency, has announced that the value of pension assets has reached 5.2 billion GEL.

The Energy Training Center near GNERC held a research presentation on utility services.

The event was attended by therepresentatives of GNERC, Energy Training Center, companies operating in the energy and water supply sectors, scientific circles, non-governmental organizations, and the media.

The Budget of the New Hepatitis B State Program is ₾1.32 million - What will this Amount be Used For?

The state will allocate 1.32 million GEL to the hepatitis B management program.

Georgian Government Increases 2024 Budget by 519 Million GEL: Allocation Breakdown

Prime Minister Irakli Kobakhidze announced a significant boost to the state budget for 2024, adding 500 million GEL, bringing the total to 25 billion GEL.

Large-Scale Exports of Blueberries to the EU and UK Result from Program Connecting Overseas Buyers

Approximately 500 tons of blueberries have been exported to the European Union, Great Britain, and Dubai as part of a program designed to connect foreign buyers with Georgian producers.

Direct Air Flights May Start Between Georgia and Morocco

Direct air traffic between Georgia and Morocco may soon be established, according to a decree signed by Prime Minister Irakli Kobakhidze.