+44 207 394 30 90 (London)

Nenskra HPP Project Investor Company K-water Celebrates 50th Anniversary

Главная » News » Nenskra HPP Project Investor Company K-water…

One of Nenskra Hydropower Plant Project’s investors, Korea Water Resources Corporation K-water, celebrated its 50th anniversary on November 16, 2017.

The company implemented 67 projects of high complexity in 24 countries. At present, the company manages 16 multipurpose dams. As of 2016, the company’s income was 3 billion US dollars, and the total value of assets – 18 billion US dollars.

Main spheres of K-water activities are: building and management of renewable energy facilities; building and management of facilities intended for use and development of water resources; prevention of floods and droughts, etc.

Nenskra HPP project is implemented in a unique BOT (build-operate-transfer) scheme for the Georgian energy sector. This means that after 36 years since commissioning, the hydropower plant will be transferred to the Georgian state.

The installed capacity of Nenskra HPP is 280 MW, and annual generation will be 1,200.00 GWh. Generated electricity will be consumed by the local market and will significantly reduce the shortage of electricity in the autumn-winter season.

Source: http://georgiatoday.ge

MORE

Renewable Energy Could Be The Next Big Thing For Azerbaijan

Despite ranking in the top 20 among nations with crude oil proved reserves and the top 25 when it comes to natural gas, Azerbaijan is moving ahead with developing renewable sources of energy. On Monday, the German-Azerbaijani Chamber of Commerce based in Baku released its 2019 market analysis, which describes ways the South Caucasus’ largest…


China to provide Uzbekistan with $ 25 million loan for HPPs construction

Uzbekistan plans to build two new small HPPs on the Dargom Canal in the Samarkand region at the expense of China’s soft loans, Trend reports with reference to a government decree on April 8. The aim of the project is to consistently increase the use of renewable energy sources, increase the balance of energy resources…


Georgia Capital on track to launch second phase of Mestiachala hydro power plant

Georgia Capital said its renewable energy business had commissioned the first phase of Mestiachala hydro power plant, while also remaining on track to launch the second phase in June this year. The 50MW cascade of Mestiachala plant, located in Svaneti region, commenced in May 2017. The actual cost per megawatt amounts to $1.2m, with approximately…