150 Million USD to be Invested in Tbilisi and Kaspi Wind Power Plants

150 Million USD to be Invested in Tbilisi and Kaspi Wind Power Plants

Georgian Renewable Power Company will invest $ 150 million in the construction of wind power plants in Tbilisi and Kaspi.

As Georgian Renewable Power Company told BMG, their subsidiary JSC Caucasus Wind Company will implement the construction of 54 mgwt wind power plant in Tbilisi and 54 mgwt wind power plant in Kaspi.

Tbilisi Wind Power Plant will generate 171.853 GWh annually, while Kaspi – 211.164 GWh, BM.ge reports.

To note, Georgian Renewable Power Company is a joint-stock company that implements energy projects throughout Georgia. However, 65% of the company is owned by Investment Holding Georgia Capital and 35% – by international company RP Global Austria GmbH.

img

Giorgi

Related posts

Georgian Honey to Fully Satisfy Quality Standards Soon

Georgia’s honey exports have declined, year on year. As reported by Geostat, the national...

Continue reading
by admin

Europe’s Biggest Solar Panels Manufacturing Plant Opens at HUALING Free Industrial Zone

The Europe’s biggest solar panels manufacturing company has launched operation in Hualing Free...

Continue reading
by admin

EBRD Allocated Additional Fund for Reconstruction of Enguri HPP

The European Bank for Reconstruction and Development (EBRD) is allocating €10 million for the...

Continue reading
by admin

Join The Discussion