MINISTRY OF ECONOMY
AND SUSTAINABLE DEVELOPMENT
OF GEORGIA

Deputy Minister of Economy and Sustainable Development of Georgia, Romeo Mikautadze held a meeting with the local population in the Lentekhi Municipality to discuss the issues related to the Kheleldula-3 HPP construction.

Representatives of the Local Government and the investor company Kheleldula Energy also participated in the meeting.

“Today I have met with the Lentekhi population and provided them with the detailed information on the HPP construction project. We should understand that construction of the hydro power plants is directly related to the energy development of our country, and economic prosperity can not be achieved without the development of the energy sector. Each HPP contributes to Georgia’s energy independence. Every new HPP means more electricity for our population, more investments and more employed citizens. Georgian Government, me personally, will do our best to make it absolutely clear to our citizens,” – Romeo Mikautadze stated.

Construction of the Kheledula Hydro Power Plant 3 is being implemented in Georgia’s Racha-Lechkhumi-Kvemo Svaneti region, Lentekhi Municipality, over the River Kheledula.

According to the memorandum, the company is obliged to release part of the processed electricity onto the local market during the period when there is a power deficit (mostly during the winter months) in the country. The project contributes to the Government’s long term energy policy targeted at energy independence by utilizing all of the country’s natural resources.

Kheledula Hydro Power Plant 3 capacity will be 50 MW, with mean annual generation of approximately 250 million kilowatt-hour. The total investment cost of the project equals to 80 million USD. Up to 400 people will be employed at various stages of the construction and the local population will be the greatest part of the employees. After the HPP is operative, it will generate the property tax of up to 1.5 million GEL to the local budget.