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Georgia’s energy consumption requires the country to build as many hydropower plants as possible, Prime Minister Irakli Garibashvili said on Monday while speaking on matters of investment and energy independence.
Garibashvili announced the business sector would be offered a “relevant package” by the Government within the upcoming week to begin construction of new HPPs in the country.
“We will develop and present the model in a few days, and I think next week I will have the opportunity to make this offer to the business, in order to facilitate the construction of generation facilities in the field,” Garibashvili said.
The PM pointed out the country’s increasing demand for electricity, saying the consumption for power had been growing while the generation “lagged significantly behind” demand. Garibashvili called the tendency “risky” for Georgia’s energy security and energy independence.