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Tag Archives: energy sector

Energy Sector Achievements and Challenges of 2015

Kakha Kaladze

The year of 2015 was very important and full of challenges for the Georgian power system. Many interesting projects were carried out in both generation and infrastructure parts. Georgia gives priority to hydropower system development. Large-scale projects should be implemented to this end. Real perspectives were outlined for many projects. …

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Another Conference of Energy Charter Held in Georgia

Energetic conference georgia

The Energy Charter Conference held its 26th Meeting in Tbilisi under the Chairmanship of Georgia and Chairman of the Energy Charter Conference, Kakha Kaladze, the Vice Prime Minister and the Minister of Energy of Georgia. The theme of the Ministerial Session was “Fostering regional cooperation through cross border energy trade”. …

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TBC Capital: Investment Opportunities in Georgian Energy Sector

TBC capital

Georgia’s energy sector is one of the country’s most attractive investment opportunities. Hydropower is the cheapest source of renewable power for Georgia and we strongly believe the sector will continue to be attractive for investors over the mid-term. The investment story is rooted in Georgia’s massive untapped hydropower potential: current …

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What is Georgia’s Potential For Energy Independence?

Davit Tsiklauri

Energy independence is a central issue for the Georgian economy. In order to achieve energy independence, Georgia’s rich hydro potential must be fully utilized. For this purpose, over the past several years a special focus has been placed on the construction of new capacity and on attracting foreign investors to …

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Investors Wanted for Mtkvari River $45m Hydro Power Project

Kakha Kaladze

Three Hydro Power Plants (HPPs) will be built on the Mtkvari River to increase the country’s power generation. Georgia’s Energy Ministry announced an Expression of Interest for parties interested in carrying out technical and economic feasibility studies, procurement, construction and operation of the three HPPs, located on the Mtkvari River …

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Georgia Eyeing to Become Full Member of Energy Community, says PM

Garibashvili

Georgia attaches great significance to sustainable development goals, said Georgian Prime Minister Irakli Garibashvili. He made the remarks at the UN Sustainable Development Summit. PM Garibashvili underscored the Georgian state’s intention to create in the country an open, liberal and commercially stable energy sector, which would be resilient to market …

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Investors to Finance Major Energy Projects for $2 Billion

khudoni

The Georgian energy sector will draw considerable investments. Namely, Pegasus East West company plans to invest about 300 million USD to purchase the Gardabani steam power plant. At this stage, the agreed value of the deal makes up 90 million USD. As reported, the plant’s installed generation is 230 megawatts. …

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