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Tbilisi Energy To Invest GEL 174 MLN In The Next Five Years

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Natia Taktakishvili
22.12.22 18:00
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"Tbilisi Energy" agreed on a five-year investment plan with the Georgian National Energy And Water Supply Regulatory Commission (GNERC).

According to the regulator, the company will invest GEL 174,385.51 million in 2023-2027.

"Tbilisi Energy will provide network reconstruction in order to rehabilitate the Tbilisi natural gas distribution network and improve gas supply within the framework of the investment plan agreed with GNERC.

In addition, the company will also implement non-network investment projects that will contribute to the improvement of the quality of service", - GNERC noted in the document.