The launch of  Nenskra HPP  will not increase  electricity tariffs

The launch of Nenskra HPP will not increase electricity tariffs

access_time2019-07-22 08:00:37

According to Teimuraz Kopadze, Director  of the construction project of  the giant Nenskra HPP in the mountain region of Svaneti,  refutes media reports that after being commissioned, the Nenskra HPP project  will hike electricity tariffs as per  the  agreement signed between the investor and the state.

 “The document that was made public does not include  a commercial issues  and this part is planned to be signed by the end of 2019. There is no exact expense  data and it’s too early to speak about tariffs. Talks about funding the project are nearing completion and as soon as they are finished,  we’ll discuss the tariff, ”he says.

Still, Teimuraz Kopadze is sure  that the consumer tariff will not increase due to the launch of Nenskra HPP.

 


“I can say that the 12-cent rate reported in the media is not considered,  the tariff depends on the payback period of investments, ” he stresses.



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