Zurab Noghaideli: Azerbaijani Electricity Imports Cheapened in February Again
Azerbaijani electricity imports were the cheapest in February again, Zurab Noghaideli, member of the supervisory board of Elgreen, Azerbaijani electricity importer company.
Economy Minister Divulges Plans for Laying Black Sea High-Voltage Transmission Cable to Europe
The high-voltage electricity transmission line will be laid on the Black Sea bed to connect Georgia-EU power grids, Georgian Economy Minister Natia Turnava noted.
Electricity Import from Russia Grows by 94.2%
In February 2021, electricity imports from Russian Federation increased by 32.6%.
Electricity Imports in February Consumption Rose to 61%
In February 2021, the balancing electricity imports value totaled GEL 35.5 million. According to the Electricity System Commercial Operator (ESCO), in February, the balance electricity imports constituted 227,159,981.3kw/h, that is, 21% in total supply.
Andria Gvidiani: Competitive Tariffs Make Azerbaijani Electricity Imports More Favorable
In January-February 2021, Georgia’s electricity imports have extremely grown and exceeded 700 million kw/h, after rehabilitation works were underway at Enguri HPP. Azerbaijan and Russia remain as key electricity suppliers.
Georgia joins European Migration Network as Observer
In March 2021, Georgia joined the European Migration Network as observer. The working arrangement represents an important step towards reinforced cooperation in the areas of migration and asylum.
"Produce for Consumers, Package for the Earth" ideathon Commences the Search for Ideas that Improve Packaging and Reduce Plastic and Other Disposable Waste
The USAID Economic Security Program, in partnership with Georgia’s Innovation and Technology Agency and the United Nations Development Program (UNDP), launched the ideathon on "Produce for Consumers, Package for the Earth".
Foreign Direct Investment Inflows Essentially Decline in 2020
According to the 2020 early report, foreign direct investments in Georgia made up $616.9 million, down 52.9% as compared to the 2019 final indicators.
Economy Minister: Namakhvani HPP Investor will Pay Property Tax of $120 Million
“It is fraudulent information as if the company has been exempted from property tax. The company will pay property tax of $120 million”, Economy Minister Natia Turnava noted when delivering her speech at the parliament’s committee hearing.