Economy

Energy Fund to Build Four Wind Power Stations in Georgia

The Georgian Energy Development Fund (GEDF) plans to build four wind power stations in Georgia. As

Zurab Nogaideli: Regulatory Hydro Power Plants will Keep Energy System Effective

Georgia’s energy system is one of the most effective systems in the neighborhood, including, as compared to Russia’s energy system.

Government Approves New Projects – Four Small Enterprises and Investments of GEL 4.4 Million

The Government of Georgia has approved a program for developing 4 small enterprises, Georgian Economy Minister Natia Turnava noted on April 26.

New Cold-Store Complex Opens in Shida Kartli

A new cold-store complex has opened in the village of Tortiza, Gori Municipality.

GOGC Refinances Eurobonds of $250 Million

JSC Georgian Oil and Gas Corporation (GOGC) has refinanced Eurobonds of $250 million at London Stock Exchange (LSE).

Enguri HPP Rehabilitation Finished; Georgia’s Biggest HPP to Resume Power Generation

Enguri HPP derivation channel rehabilitation has been finished prematurely and Georgia’s biggest hydropower plant will resume electricity supply to the domestic electricity grid earlier than planned.

Ex PM Noghaideli: Georgia’s Energy System should Be Developed As Part of United Energy System of the Caucasus

Our geographical location, our capabilities, and the opportunities of our neighbors determine the trans-frontier trade and Georgia’s positive prospects.

Ex Prime Minister: Additional 1 Billion Kw/H Signifies Extra $100 Million in Our Economy

Any hydropower plant, be it a big one, medium or small one should be built in compliance with technical, social and environmental standards.

Georgia’s Electricity Imports in 1Q21 Hit $31.6 Million

Georgia’s electricity imports in the first quarter of 2021 rose by 9.3% and the country spent $31.6 million ($28.9 million in January-March 2020).