JSC Nenskra Hydro Delivers Equipment to Schools in Svaneti

JSC Nenskra Hydro, Project Company for the Nenskra Hydropower Plant, has handed over various educational equipment to local schools and kindergartens in the Nenskra and Nakra River Valleys in the Mestia municipality of Svaneti. Namely, 3 schools and 4 kindergartens from the two valleys, have received TV sets, DVD players, audio systems and PCs. 

According to analysis of the needs for the local schools and kindergartens, the procurement was made by JSC Nenskra Hydro and handed over to them by JSC Nenskra Hydro CEO. 

“Before handing over the Nenskra Hydro Power Plant (HPP) to the Government of Georgia, JSC Nenskra Hydro will operate the HPP for 36 years after construction with a five-year term. During the operation, we will provide as many positive benefits to the local people as we can. This kind of scheme is how K-water operates in Korea and overseas, being a company with high social responsibility standards. Based on the understanding and experience on this matter, we will continue to cooperate in Svaneti region of Georgia. There is no greater priority than the investment to the children and their education itself; to ensure a bright future for the country. We are so happy to be able to offer more possibilities and opportunities, and be together with the local children”, - states JSC Nenskra Hydro’s CEO Mr. Choi, Byoung-Seub. 

The Nenskra HPP construction is scheduled to commence in 2018, in the meantime preparatory works are going on in Nenskra Valley, as well as works within the framework of the Community Investment Program that was designed to contribute to the sustainable development of the Nenskra and Nakra Valleys, through investing in the development of small and medium-sized enterprises locally, skills training of the community members and so on. 

JSC Nenskra Hydro is a project-based company established 2015 as a result of cooperation between Korea Water Resources Corporation K-water and JSC Partnership Fund. The company will construct the Nenskra Hydropower Plant in the Nenskra and Nakra river Valleys in Mestia Municipality of the Svaneti region. The 280 MW Nenskra Hydropower Plant will generate approximately 1’200.00 GWh of electricity annually, which will be fully consumed by the Georgian market. www.nenskrahydro.ge