Government of Georgia – Appearance 2020

The Government Presented a Legislative Initiative That Renders the Energy Market Open and Competitive and Ensures a High Degree of Energy Independence for the Country Print Version

2020-07-02

The country's energy independence and energy security is of critical importance to us. Also, as you know, there were some delays in the construction of hydroelectric power plants due to various reasons.


Prime Minister of Georgia Giorgi Gakharia made this statement during the session of the government.

According to him, a new legislative initiative is under consideration today that would render the energy market more open and competitive.

"Today, we are introducing a new legislative initiative that will render this market even more open and competitive. The market, which will be based on the so-called premium feel principle, will be more commercially attractive to investors, so that their investments can be quick and effective, which will ensure a high degree of energy independence for the country," Giorgi Gakharia stated.


Press Service of the Government Administration