The ESCO Director General took part in a meeting dedicated to strengthening cooperation between the electricity systems of Georgia and Armenia
David Tvalabeishvili, General Director of the Georgian Electricity Market Operator (ESCO) attended a meeting sponsored by the United States Agency for International Development (USAID) to outline cooperation and new perspectives between the Georgian and Armenian electricity systems.
The meeting was attended by: Romeo Mikautadze, Deputy Minister of Economy and Sustainable Development of Georgia, Hakob Vardanyan, Deputy Minister of Territorial Administration and Infrastructure of Armenia, David Hoffman, Deputy Director of the US Agency for International Development Mission in Georgia, and heads of the "Electricity Market Operator", "Georgian State Electricity System", "Georgian Energy Exchange", "Armenian Power System Operator", "Market Settlement Center" and "Yerevan Thermal Power Plant".
Romeo Mikautadze briefed the Armenian delegation on the current trends in Georgia's energy system and stressed the importance of interstate cooperation to maintain energy sustainability and stability in the region.
At the meeting, an agreement was signed between Georgia and Armenia on the supply of electricity in emergency situations. They discussed contractual projects, issues of power supply in emergency situations, and prospects for further cooperation, which will significantly increase the transit possibilities of the energy systems of Georgia and Armenia.
Attention was also drawn to the Black Sea underwater cable project, which is designed to connect the South Caucasus region with South-Eastern Europe.