Economy minister announces Gori wind farm to be privatised shortly

The wind farm has been operating since December 20, 2016.  Photo: The Georgian Energy Development Fund.

Agenda.ge, 19 Jun 2019 - 17:15, Tbilisi,Georgia

A wind energy plant in Gori in the Shida Kartli region of Georgia will be privatised in a month or month and a half, Georgian Economy Minister Natia Turnava said.

Turnava stated certain facilities belonging to the state are difficult to sell as the privatisation process requires special preparation in advance.

She added that the Kartli Wind Farm and the Georgian Post are among the facilities.

As Natia Turnava said the farm’s financial liabilities towards the European Bank for Reconstruction and Development (EBRD) make the privatisation procedures comparatively complex.

We can say the Georgian Post also faces the aforementioned difficulties,” Minister Turnava stated.

In response to a reporter’s question whether the Georgian Railway is planned to be privatised, Turnava said the government has no such plans.

The wind farm has been operating since December 20, 2016.

Its annual capacity is 84.1 mln kWh.

The $34 million USD project was funded by the Georgian Energy Development Fund (GEDF) and the European Bank for Reconstruction and Development (EBRD).