The FINANCIAL — The European Bank for Reconstruction and Development, a leading institutional investor in Georgia allocated funds to develop new transmission network in Georgia. The project will be implemented by the JSC Georgian State Electrosystem. Energy Network Strengthening Project is very important for Georgia and it envisages the modernization of electronic network throughout the country. The EBRD has invested over €3.8 billion in 252 projects in Georgia. The European Bank for Reconstruction and Development (EBRD) has allocated €90 million to finance the construction of 150 km long new transmission network and substations in Georgia and to strengthen the energy network in…
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