UAE eyes investing in construction of solar power plant in Georgia

There are plans to invest $100 million in the Georgian region of Kvemo Kartli (Borchali), where Azerbaijanis live compactly, according to the administration of the government representative in the region, Report’s Georgian bureau informs.

Governor Giorgi Dokhturishvili at a meeting with Director of the Georgian Energy Development Fund Giorgi Chikovani discussed the need to create alternative energy sources in Kvemo Kartli.

During the discussions, the studies prepared for the construction project of a 100 MW solar power plant with the financial support of the European Bank for Reconstruction and Development in the municipality of Gardabani were considered.

The construction of the station is planned in the settlement of Akhali Samgori in Gardabani. The project with an estimated investment cost of $80-100 million will be implemented jointly by the Georgian Energy Development Fund and Mubadala Investment Company, UAE.