Outlook 2020 Georgia

21 January 2020, bne intelliNews

Energy developments in Georgia last year saw Kakha Kaladze, the mayor of Tbilisi and an influential member of the ruling Georgian Dream party, throw his support behind the $1bn Nenskra HPP hydropower project, while rejecting accusations related to the prospect of higher electricity prices. Environmental NGOs have resisted the development of the project. Georgia is developing the Nenskra plant under a build-operate-transfer (BOT) arrangement with private investor Korea Water Resources Corporation. Source : Outlook 2020 Georgia