Energy Minister Kakhi Kaladze. (Interpressnews.)

TBILISI, DFWatch–A new 154 kilovolt transmission line will be built between Georgia and Turkey.

Energy Minister Kakhi Kaladze and Nikolay Nikolov, Vice Director of Energo-Pro Georgia signed the memorandum of understanding Monday.

A memorandum was first signed in 2009, but under the new government, the Energy Ministry proposed changes in the document, which required a new memorandum to be signed.

According to the ministry, preparations to build the transmission line are now continuing. Energo-Pro Georgia plans to invest USD 123 million in the project.

The Batumi-Muratli tansmission line will connect Didi Batumi substation with Muratli substation. It will be 17 km long and be able to transfer up to 350MW.

The memorandum also includes the construction of a 220/154 kV high voltage substation which will be completed in 2016.

Energo-Pro Georgia JSC was established in 2006. It is owned by Energo-Pro, the largest energy company in Georgia.