Georgian Energy Minister Visits Russia

Georgian Fuel-Energy Minister Mamuka Nikolaishvili arrived in Moscow on October 10 to hold talks with Anatoly Chubais, chief of Russia’s state-owned Unified Energy Systems (UES), on import of Russian electricity to Georgia.

In early August UES purchased a 75% stake in the Telasi electricity distribution facility from the U.S. company AES. Remainign 25% is owned by the Georgian side.

Georigan Minister arrived in Russia from Germany. As the Georgian media reports, Nikolaishvili signed an agreement with the German Bank for Reconstruction and Development on allocation of a Euro 35 million credit for rehabilitation of two hydro power plants in Georgia.

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