Economy

New Chinese thermal power station and train factory planned in Georgia

by | Sep 11, 2015
irakli_garibashvili

Prime Minister Irakli Garibashvili signed the agreements during a visit to Chine. (Interpressnews.)

TBILISI, DFWatch–The Chinese company Dongfang Electric plans to construct a 150 MW thermal power station in Tkibuli, a mining town in western Georgia.

The announcement came during a China visit by Prime Minister Irakli Garibashvili and is further proof of the strengthened economic cooperation between the two countries.

Garibashvili met with representatives of Dongfang to discuss the power plant, plans to develop the local coal extracting industry and increase the potential for export of electricity.

The plan is to construct a thermal power station which would run on coal and have an installed capacity of 150 MW, while the annual output would be 1 billion kWh. The project is expected to cost nearly USD 200 million.

Dongfang Electric is one of the largest enterprises in China in manufacturing of power generators and construction of power stations. http://www.dongfang.com.cn/

Earlier on his trip, Garibashvili signed a memorandum with Dalian Locomotive & Rolling Stock Co. Ltd to build a factory in Georgia that will manufacture locomotive engines, diesel generators, subway trains and electric trains, and export to Europe, Turkey, Iran and former Soviet countries.

During his visit, the PM met with his Chinese colleague to discuss a free trade agreement between the two states. According to the PM’s press office, a delegation from China will visit Georgia on October 15-16.



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