GEOTHERMIC ENERGY PROJECT
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The project is to build a Geothermic powerplant, cable to deliver both electricity and hot water for house heating.
Size: The current size is 50 MW, but can be increased if wanted. The Project group will deliver: buildings, drilling and equipment for power generation. There will be drilled a hole and as deep as needed. Georgia is laying on a tectonic plate and there are spots where there is not very deep to drill before you reach the heat. Georgia has the following deliverables:
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The project group will raise the needed capital, but expect the Georgian government to help seeking different fonds for grants that will help the project.
Over an agreed period the loans that have financed the project will be paid back and after that the project group will give the plant to the Georgian government. |