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Article: Kuwaiti fund to invest $720 Mln in hydroelectric power plants in Georgia.

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Russia & CIS Business and Financial Newswire
Article date:
February 19, 2007
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Kuwaiti fund to invest $720 Mln in hydroelectric power plants in Georgia

TBILISI. Feb 19 (Interfax) - The Kuwaiti Fund for Arab Economic Development is to invest $720 million in a project aimed at building a cascade of three hydroelectric power plants with a combined capacity of 440 megawatts on the Rioni River 40 kilometers from the town of Kutaisi in western Georgia, Georgian Prime Minister Zurab Nogaideli told journalists after ...

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