Georgia, EU consider high voltage transmission line along Georgia's seabed to connect Georgia-EU energy systems
Economy Minister said that the idea of the project appeared about three years ago and is of historical significance. Photo: Nino Alavidze/Agenda.ge.
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Georgia and the European Union are discussing the possibility of laying a high voltage transmission line along Georgia's Black Sea seabed to connect Georgia and EU energy systems, announces Georgian Economy Minister Natia Turnava.
She said that this was one of the issues discussed within the 6th EU-Georgia Association Committee meeting in Brussels, Belgium.
She said that the idea of the project appeared about three years ago and is of historical significance.
Turnava also said that the World Bank had given signals of readiness to finance the technical and economic study of the project.
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The Asian Development Bank (ADB) has approved a $100 million policy-based loan to strengthen Georgia's electricity transmission sector by improving the operational structure, corporate governance, and financial management of the country’s electricity transmission company and its subsidiary, announces the ADB.
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