PF Boosting National Energy Security
16 January, 2014
PF Boosting National Energy Security
With the goal to help generate additional electricity and strengthen the country’s energy security, the Partnership Fund (PF), a state-owned shareholding company, will carry out the Gardabani Project to construct a combined cycle thermal power plant in Gardabani, the Kvemo Kartli region.
The Gardabani plant will supply the local market with additional 230 mw electricity, and moreover, if there is any problem with electricity supply in the country, the plant will have a reserve capacity to supply Georgia’s power grid
for 25-30 minutes, guarantying the sustainability of the whole system.
“The country will have the electricity, generated by the plant as a reserve, which will be the most viable reserve for the country,” explained Natia Turnava, Deputy Executive Director of the PF. “This will bolster Georgia’s energy independence.”
The total cost of the investment project exceeds $ 200 m and will be financed jointly by the PF and its daughter company, Georgian Oil and Gas Corporation (GOGC). Calik Enerji, a giant Turkish energy company, will construct the plant, which will be equipped with cutting-edge technology, including General Electric turbines. The plant will be completed by the end of 2015 and will be fully operated by Georgia. 
“What’s very important is that thanks to the technological equipment, the Gardabani combined cycle thermal power plant’s capacity is higher by one-third than other power plants operating on natural gas in the country, while its operation is cheaper by 50%,” Turnava told Georgian Journal. “Additionally, the Gardabani combined cycle thermal power plant is ecologically the most neutral project, as it will pollute the environment less than other similar plants,” she added.
According to Turnava, implementation of such a large-scale project in the field is the first of its kind for Georgia. She explained that this project is a step forward in creating alternative sources of energy generation.
Currently, hydro power generation holds as high as an 80 % share of Georgia’s electricity production. Most of the time, the country is self-sufficient in electricity. However, in winter, as the water flow lowers in rivers, the country faces electricity shortage and has to import electricity. This seasonal character of hydro power generation increases the importance of thermal power plants, which are operated on gas, not water.
“Currently Georgia already has some thermal power plants but they represent open cycle plants which are not efficient. So after studying the market, we decided to construct a combined cycle thermal power plant, which uses less gas, while it is far more effective,” Turnava noted.
In recent years Georgia’s energy sector has undergone a thorough overhaul. From an electricity importer Georgia transformed itself into an electricity exporter, and plans to expand opportunities in this regard. In particular, the Government is planning to increase electricity generation, and works to attract foreign businesspeople to invest money in energy.
So, given the strategic importance of the electricity sector within the context of Georgia’s ongoing transformation into a regional, logistical, economic and trade hub, the Partnership Fund is working to implement several large scale projects in energy in cooperation with foreign or local investors.
“In the region, it was only Georgia which did not have a combined cycle thermal power plant. For instance, in neighboring Azerbaijan and Armenia, there are several such plants,” Turnava said, adding that the existing “old Soviet-style open cycle thermal power plants need to be re-equipped and transformed into combined cycle thermal power plants.”
The novel scheme of Georgia’s current government for handling one of the most significant sectors of our economy seems to be clearly pragmatic, if not altogether revolutionary. It’s not exactly rocket science to know that it is not only Georgia which must make an all-out search for new energy sources, but the entire world as well. Lack of energy – lack of good life, to put it plainly! And the plan suggested by the Partnership Fund seems brilliant. That the PF succeeds might very well be one of Georgia’s most important New Year’s resolutions.

Print
Other Stories
Georgian designers who participate in TBFW 2018
Mercedes Benz Fashion Week 2018 kicks off tomorrow, on the 1st of November and will last for 5 days, until the 5th of November.
Tusk of elephant Grand successfully removed in Tbilisi Zoo
Surgery of the elephant Grand in Tbilisi zoo was successful and is over now. Elephant can walk now but specialists still observe its condition.
International fashion exponents meet Georgian designers MBFW Tbilisi
If you’re interested in fashion then you should definitely add a new event to your agenda. Namely Mercedes-Benz Fashion Week Tbilisi that takes place from 1 to 5th of November.
Maryam d'Abo - James Bond Girl with Georgian roots
Giorgi Kvinitadze was a commander-in-chief of the Democratic Republic of Georgia.
Elephant to undergo surgery in Tbilisi Zoo
The elephant Grand is about to undergo the hardest surgery today on the 31st of October.
Best places to celebrate Halloween in Tbilisi
Halloween is celebrated on the 31st of October. It evolved from the Celtic holiday of Samhain which took place at the beginning of winter.
Bera Ivanishvili and Nanuka Gudavadze to get marry on the 11th of November
Son of the richest person in Georgia Bera Ivanishvili and the Georgian model Nanuka Gudavadze plan to get married on the 11th of November.
8-year-old girl killed in Gori - suspected murderer detained
The man suspected of killing the 8-year-old girl (with the initials I.N.) was detained today, on the 26 of October.
Audrey Hepburn with Georgian Emmy Award winner
Some photos keep whole stories. Especially one that are taken with famous people.
New clip by Bera Ivanishvili - Time machine
The richest man in Georgia Bidzina Ivanishvili is very much involved in politics, but we cannot say the same about his children, especially about Bera.
Olivia Wilde and Lea Michele in David Koma dresses
Recently, InStyle has organized the fourth annual InStyle Awards.
Gregory Pekk and Marcello Mastroianni and their friendship with Georgians
Leila Abashidze was a famous Georgian actress. She was sometimes referred to as "Mary Pickford of the USSR".
Georgian singer Sofia Nizharadze’s sexy outlooks
Sofia Nizharadze is a Georgian singer. She represented Georgia in the Eurovision Song Contest 2010 with the song "Shine reaching the 9th place.
Beautiful Georgian Model Tamta Shedania tells her story
The model of Elite Model Look Georgia (an international modeling contest) Tamta Shedania worked with various Asian and European modeling agencies.
Ghanaian Eudosia Andoh – Everyday life in Tbilisi in photos
Eudosia Andoh has been living in Tbilisi for three and half years and has been travelling in different parts of Georgia.
Tbilisi Fashion Week SS 2019 ended
Tbilisi Fashion Week SS 2019 came to an end. The event has been widely reported in the international press such as Vogue, Marie Claire, ELLE, Harper's Bazaar, etc.
Tbilisi Fashion Week continues – What’s new?
Tbilisi Fashion Week continues. Foreign tourists, designers, models and special guests attend the event.
The first day of the Tbilisi Fashion Week SS 2019
Tbilisi Fashion Week SS 2019 has officially commenced.
Sophia Loren, Ornella Muti and their friendship with the Georgians
Georgia has numerous artists popular to the international public.
Tbilisi Fashion Week kicks off
Tbilisi Fashion Week is going to commence on the 18th of October. The slogan of the fashion week is “We Must Take Care of Nature”.
Georgian model Ana Akhvlediani becomes a mother
Georgian model Ana Akhvlediani became a mother. Ana Akhvlediani married to Giorgi Beraia in July, 2018. The couple has a daughter.
What do wives of the rich Georgians wear?
Famous Georgian faces pay great attention to look gorgeous when they appear in public or upload photos on social network.
Saddam Hussein’s Georgian Personal Advisor
A-83-year-old pilot Darwin Rukhadze from Georgia used to serve as a personal advisor of Saddam Hussein, the president of Iraq.
What makes Japan so similar to Georgia?
Japanese people know Georgia and the Georgians well enough thanks to the Georgian Sumo wrestler Levan Gorgadze, also known as Tochinoshin.
Top 5 most beautiful Georgian models
Georgian models take part in popular international catwalks, photo shoots, fashion weeks and shows. They are very successful in Georgia as well as worldwide.
PHOTO OF THE DAY
Exchange Rates
GEL Exchange Rate
Convertor
16.11.2018
17.11.2018
USD
1
USD
2.6818
2.6727
EUR
1
EUR
3.0299
3.0268
GBP
1
GBP
3.4332
3.4240
RUB
100
RUB
4.0185
4.0447
Other Stories
World famous British singer Jessie J has decided to wear clothes made by Anouki Areshidze, Georgian designer and wife of the mayor of Tbilisi.
Bassiani, one of the most popular underground clubs not only in Georgia but throughout Europe as well, has opened today
An amazing video made in Georgia by tourists from the Philippines have gone viral on the internet.
Over the recent two days May 12-13 Tbilisi city saw a peaceful protest rally in the center of the city.
Hundreds of people took to the main street Rustaveli Avenue in Tbilisi to protest the raid in Tbilisi’s popular night clubs.
Two bear cubs listed as endangered on the red list were handed over to Tbilisi Zoo,
Tbilisi Mayor Kakha Kaladze and Deputy Tbilisi Mayor Ms. Sophio Khuntsaria have gifted a food stand
Pamela Anderson, famous Canadian American actress and model has appeared in the chic sunglasses by internationally acclaimed Georgian designer George Keburia.
A ski lift accident in Georgia’s eastern Gudauri resort,in particular at Sadzele 5 lift, has left 8 people with injuries.
The ski lift in Gudauri winter resort in Georgia has broke down in the aftermath of which several people have been injured.
GEL Exchange
USD
1
USD
2.6727
EUR
1
EUR
3.0268
GBP
1
GBP
3.4240
RUB
100
RUB
4.0447
November 2018
Mon Tue Wed Thu Fri Sat Sun
1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30