Turkish firm to build seven hydro projects in Georgia

Acar Enerji-2007 of Turkey plans to build seven hydroelectric projects in Georgia totaling 736 MW, a Turkish news agency said.

Anatolia News Agency said Acar Enerji Director General Metin Kumusoglu said the company signed a memorandum with the Georgia Energy Ministry for construction of the projects.

Kumusoglu said preparatory studies would take a year, with construction to require four years at a cost of US$213 million.

Forty percent of the power is to be consumed in Georgia with the remainder exported to Turkey, the official said.

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