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Wednesday, 26 October 2016


Khetaguri palmed off hydroelectric stations to “archenemy”

2011-04-13 22:16

Khetaguri palmed off hydroelectric stations to “archenemy”. 15842.jpegGeorgian politicians do not feel embarrassed to stigmatize Russia when speaking at international forums. Nevertheless, they do not mind getting regular investments from the "bitter friend". On April 1, Georgian Minister of Energy Alexander Khetaguri signed a memorandum of cooperation with RAO UES energy group of companies but only now he


ventured to reveal the details of the agreements achieved. Naturally, the Georgian party will take advantage of transferring the right of privatization of Sakartvelo's energy facilities to Russians. From now on, not only Georgian migrants but Georgia's northern neighbours as well will work on increasing the republic's state budget.

Russian company is going to work on pricing in the energy field of Georgia, invest money in the Hrami GES-1 and Hrami GES-2 cascade development and build new hydroelectric power stations. Of course, building something is a simple thing and Mr. Khetaguri perfectly understands that. The point is, where will his administration get money to maintain these facilities? He will obviously get it in Russia. To arouse RAO UES' interest, the minister of energy made an attractive proposal: Russian energy giant will not only become the managing company of the cascade but will also become its full owner - Alexander Khetaguri is ready to sell 100 percent of shares right now. It turns out that RAO UES has already promised to pay Georgia 104 million dollars before this October 15 and invest as much as 193 million dollars in the construction of three hydroelectric units that are to be commissioned since the beginning of 2016.

No wonder the opposition again accused the Georgian government of applying double standards. Preaching anti-Russian rhetoric, the government descends to Russian funds, transferring strategic objects to northern neighbour's state corporations. "Inter RAO already owns 75 percent of stock of the Telasi Georgian electrical distribution company, as well as one of the energy blocs at the TbilGRES thermal power plant and AES Transenergy electric power transporter. The secret transactions carried out by the Ministry of Energy with the Russian businessmen have fatigued the parliament as well: it has grown tired of contesting the decisions taken by Mr. Khetaguri.

Even the international community skeptically treats the Caucasian republic's statements about the unbearable humiliation the Kremlin subjects it to. Everybody understands that Mikhail Saakashvili's tenure of the presidential office is temporary if, of course, he is a true democrat and when the government changes, the reload between Moscow and Tbilisi will instantly gain pace. However, today Georgia, being repressed by the policy of the current autocratic regime, has to resort to Russia's help in the context of the foreign investors' low activity.  

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