News

How to Maximize on the New Generation of Electro Energy

10.10.2017


The electro energy deficit is one of the current hot-topics in Georgia, and if we consider the fact that Georgia acquires electro energy from Russia, energy security is becoming more and more important. As Georgia does not not enough energy sources during winter, the necessity of importing arises in that period of time specifically. Leontina…



Bishkek and Tashkent to construct a hydropower plant

03.10.2017


What solution on the construction of Kambarata HPP-1 will be adopted by Kyrgyzstan and Uzbekistan? Shavkat Mirziev, Uzbekistan President approved the proposal regarding Kambarata HPP-1 joint construction. He agreed with Almazbek Atambaev, Kyrgystan President: “We reached an agreement. Mr. Atambaev said that none of the HPPs will be constructed without participation of Uzbekistan. I absolutely…



Kyrgyzstan holds the tender on the construction of 14 SHPPs

02.10.2017


The demand for new HPPs is conditioned by the considerable amount of republican HPPs being technically outdated. So, the republic needs the capacity build up. Construction of SHPPs will allow enhancing the reliability of electricity supplies to remote mountainous areas, with high exposure to HV line emergency risks due to avalanching. Besides, using hydropower plants will ensure to embrace ample opportunities of Kyrgyz rivers and runoffs. Above all, small HPPs will enable…



IFC Director for Europe & Central Asia: Georgia is on the Right Track


EXCLUSIVE INTERVIEW Tomasz Telma is Director for Europe and Central Asia at the International Finance Corporation (IFC). He is responsible for managing IFC’s activities in this region, including a significant investment program (US$2.7 billion of long-term finance and an average outstanding balance of US$463 million of trade finance guarantees in FY16) and portfolio (US$11 billion…



Japanese investors express interest in hydropower potential of Tajikistan

28.09.2017


The delegation from Japan, comprising 40 people and including the Minister of Economy, Trade and Industry Hiroshige Seko, visited the booth of Tajikistan during the exhibition held in Astana. According to the media service of Tajikistan Chamber of Commerce and Industry, Odil Sangov, Tajikistan booth director, welcomed the guests at the exhibition. Tajikistan is one…



Azerbaijan focuses on small hydropower

26.09.2017


Chichekli HPP with the capacity of 3 MW was put into the operation after overhaul repairs. The opening ceremony featured Ilkham Aliev, President. According to Hydro World, the hydropower station was built in 1927 on the territory of Ashagy Zurnabad Geygelsky district. According to Etibar Pirverdiev, Azerenergy president, the hydropower station was completely destroyed by…



Construction of the major private HPP in Georgia is complete

25.09.2017


Georgia’s largest hydropower project for the last 50 years was completed. The opening ceremony of Shuakhevi HPP took place on 24 June. Installed capacity of Shuakhevi HPP is 187 MW, annual power generation – 450m kWh. The project included the construction of 2 dams and reservoirs. The construction was implemented by Adjaristsqali Georgia Joint Venture,…



Iran and Azerbaijan will build 2 hydropower stations

22.09.2017


Iranian Government approved a legislative proposal for the joint construction of 2 hydropower stations. That was reported by Iranian media services. The project envisages the construction of power stations on the Araks river, on the border of 2 countries. The legislative proposal was approved by the majority vote. The construction of 2 HPPs is only…



Uzbekistan and China discussed the opportunities for partnership in the sphere of energy


Tashkent, Uzbekistan, (UzDaily.uz) – Uzbekistan and China held the 4th meeting on cooperation in the sphere of energy. The meeting took place on 8 September in Tashkent. The meeting featured the representatives of ministries and federal agencies, major energy companies from Uzbekistan and China. During the meeting, the parties examined the current collaboration status, most…



Armenia’s investment potential presented to Chinese investors

15.09.2017


YEREVAN, AUGUST 17, ARMENPRESS. Armenia’s commercial to China Hrant Abajyan presented Armenia business environment, investment attractiveness, potential and the existing opportunities, as well as a number of investment programs in infrastructures, road construction, mining industry, production, agriculture and energy fields to Chinese businessmen and investors on August 16 in Beijing, press service of the Armenian…