(MENAFN- Trend News Agency) 'Energy sector is not only a branch, which contributes to the
economy. It is a significant direction, which along with the
economic benefit, is the solid ground for our country's energy
independence, security and strength,' said Romeo Mikautadze, Deputy
Minister of Economy and Sustainable Development of Georgia at the
official opening of“Akhalkalaki Hydro-Electric Power Plants
Cascade,” reports citing .
According to the Deputy Minister, the government elaborated a
new scheme to promote renewable energies that will support to
attracting investments and development of domestic generation.
Romeo Mikautadze touched on the Black Sea Fiber-Optic Cable
System (BSFOCS), a submarine telecommunications cable system that
would ensure constant accessibility to the energy resources at
affordable prices.
“This will strengthen Georgia's role in the region. We believe
that with the support of renewable energy, we will offer more
energy resources, energy security both to our country and the
region and the European Union,” he said.
With its 9.1 mg/watt capacity, Akhalkalaki HPP is the biggest
one built in 2022.
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