Kheledula HPP to Be Built in Georgia

Turkish company Anadolu Tasıt Ticaret A.S. is investing $90 million to build the 50.77 Megawatt Kheledula Hydro Power Plant (HPP) in Georgia’s Kvemo Svaneti region, Lentekhi municipality, over the River Kheledula next year.

The construction will be carried out on the basis of a memorandum of understanding signed between the Georgian government and Anadolu Group in May, 2015.

Georgia’s Vice Prime Minister and the Minister of Energy Kakha Kaladze and Anadolu Tasıt Ticaret A.S. Energy Group Coordinator Tugban Izzet Aksiyom signed a deal on the Kheledula-3 HPP construction on Thursday. 

According to the memorandum, the company is obliged to realease a part of the processed energy onto the local market. 

The project will be especially profitable for Georgia in the winter season when there is a power deficit in the country.

Kaladze stated the energy sector is vital for Georgia’s economic and energy development and such projects will help Georgia to gain energy independence

By Thea Morrison