14.Mar .2021 22:26

Nenskra HPP Project: Update


The HPP project was due in 2020 already - but the new date today is 2025 - what was the reason for such a delay? There are two main reasons for that. There is a protest going on from the side of the local population which is not new with large HPPs in Georgia on the one hand, and on the other, these financial institutions haven’t yet decided whether it is worth financing the project itself. It is clear that such a big investment has no future without long-term credits from these institutions.