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Turkey and Georgia agree to boost power transmission

30 July 2009 09:37 (UTC +04:00)

Baku. Rashad Suleymanov â€“ APA-Economics. Turkey and Georgia will build a 1,000-megawatt power line with a total investment of 140 million U.S. dollars.
Turkey’s Energy and Natural Resources Minister Taner Yildiz and his Georgian counterpart Alexander Khetaguri signed an agreement on the project in the Turkish capital of Ankara on Wednesday, the report said.
The project will help transmit excessive electricity generated in Georgia and Caspian countries to Turkey and then to Europe, Khetaguri was quoted as saying.
Yildiz said at the signature ceremony that 130 kilometers of the line will be constructed in Turkey and 25 kilometers will be in Georgia, with each country to fund their respective sections, according to the report.
The construction of the line is expected to be finished in 2012,said Yildiz.