Gov't meeting discusses establishing wind power plants in western municipalities
The Georgian government on Monday discussed the project of constructing new wind power plants in western Terjola and Tkibuli municipalities. Photo: qartli wind power plant
Tweet 
Share
The Georgian government on Monday discussed the project of constructing new wind power plants in western Terjola and Tkibuli municipalities, the government administration announced.
The estimated installed capacity of the power plants will be 103.5 MW, while the estimated annual output rated at 362 million kWh and the project cost at $130 million", the announcement said.
In other topics of the weekly meeting, the government team decided to grant the status of an international company to eight enterprises in the country.
The government meeting discussed 11 issues in total today.
Companies that offer IT and maritime services will be able to enjoy favourable terms of taxation in Georgia if they obtain the status of an international company, in the country, announces Georgian Finance Minister Vano Matchavariani.
Shares of Georgia’s wind power plant will be sold on the Georgian Stock Exchange. Citizens of the country will have the chance to buy them and become shareholders.
Investors sought for Zestaponi Wind Power Plant
State-owned Georgian Energy Development Fund (GEDF) is searching for an investor to develop Georgia’s second wind power plant.
“Wind in Georgia’s service”, says Energy Minister
Final installation and preparations are ongoing at Georgia’s first wind energy project – a 20MW wind power plant in Gori municipality in central Georgia’s Shida Kartli region.
“Major investments” made and planned in the Georgian energy sector and prospects for future cooperation were discussed on Thursday in a meeting between Georgian prime minister Irakli Garibashvili and Praveer Sinha, the CEO and managing director of Tata Power Company Limited.
The first weekly meeting of the Georgian Government in 2023 on Monday discussed raising funds for the feasibility study of the Black Sea submarine cable project and construction of a wind power plant in the western Imereti region, among other topics.