Economy Minister: Namakhvani HPP will provide Georgia with 12% of its electricity consumption needs

The Namakhvani hydroelectric power plant (HPP) being built in the Tskaltubo municipality will provide Georgia with 12% of its electric energy needs once completed, Economy Minister Natia Turnava said earlier today while visiting the site.

This is a very important large hydropower plant with an installed capacity of 430 MW; It will bring in $800 million in foreign direct investments,” said Turnava,

She also noted that the project will support the employment of the local population and noted that as of now about 370 people are involved in the project. In the future, around 1,600 citizens will be employed for the project.

Turava noted that the project is being carried out with a high social responsibility and with adherence to the best environmental standards.

The project is being carried out by the Turkish company Enka.

Six HPP have been put into operation this year with a total capacity of 27.47 MW, says the Ministry of Economy. Three more HPPs will be put into operation with a total capacity of 3.72 MW by the end of this year.