Georgian Namokhvani, Khudoni, and Nenskra HPPs will make breakthroughs in the Georgian economy, said Zurab Noghaideli, member of ElGreen energy company’s supervisory board, Trend reports via Georgian media.
ElGreen company carries out trans-frontier electricity trade operations and transits electricity from Azerbaijan to Turkey. Starting 2015, the company supplies cheap electricity to Georgia too.
"In order to attain 10 percent economic growth and ensure rapid economic development, it is necessary to implement major energy projects, including Namokhvani, Khudoni, and Nenskra HPP projects, and build regulatory hydropower plants. Only small and medium HPPs do not suffice to reach this aim,” Noghaideli said.
According to him, Georgia’s nearest economic growth forecast stands at 5, but this growth is not sufficient.
“This is our key problem. Therefore, this forecast indicator should be doubled. We need at least 10 percent growth in the next 10 years in order to grow the incomes of all citizens,” Noghaideli said.