Landsvirkjun Power signs a contract with UNDP in Georgia
Consulting services: Rehabilitation of three hydroelectric power plants in Georgia
On August 3, 2010, Landsvirkjun Power signed a contract with the United Nations Development Programme (UNDP) in Georgia for provision of consulting services for the UNDP/Global Energy Fund Project: Georgia - Promoting the Use of Renewable Energy Resources for Local Energy Supply. The work was publicly tendered in January and Landsvirkjun Power in cooperation with the Icelandic consulting firm VERKIS and some Georgian partners was the successful bidder. The contract value is a little under USD 1.0 million. The project is to be completed before end og 2011.
The work involves rehabilitation of 3 hydroelectric power plants in Georgia, ranging in size from 2.0-6,5 MW, and development of pre-feasibility studies for 4 additional small hydroelectric projects.
