Georgia Says South Koreans May Bid for $800 Million Hydro Plant
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Georgia said it may yet attract South Korean bidders for its $800 million Namakhvan hydropower project after potential investors pulled out earlier this year.
South Korean companies are still interested in taking part in the project, which will help the former Soviet republic cut dependence on fossil-fuel imports, Georgia’s Deputy Energy Minister Mariam Valishvili said today in an interview.