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Hydroelectric stations to become the basis of Georgian economy2010-12-30 13:33
Head of Georgian Ministry of Energy Alexander Khetaguri declared that one of the chief industry projects in 2011 is the construction of the Namakhvani, Khrami and Alpana hydroelectric power stations cascade. According to Business-Georgia, all together these facilities will ensure the production of 1000 megawatt of electric power.gt-en-newsitem-inside
The total cost of construction will be over one and a half billion dollars; construction works are reported to be over in four years.
Let us remind you that earlier, Khetaguri informed about the government's intention to offer the shares of two Georgian hydroelectric stations at the international stock exchange. He says the government is planning to use the earned money for building new hydroelectric stations.
Shares of two stations will be offered: the first one is a 600 megawatt station built with the participation of Georgian Railway LLC in Svanetia, while the tender for the construction of the second 100 megawatt station has not yet been held.