French Court Suspends Georgia's $383 Million Payment for Namakhvani HPP

A French court has suspended Georgia's $383 million payment to ENKA Renewables, the company involved in the Namakhvani HPP project, following the termination of their contract in 2021.

23 Feb, 13:25 — 23 Feb, 13:25

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oc-media9d ago

French court suspends Georgia’s $383 million payment to company behind Namakhvani HPP

ENKA Renewables terminated the contract to build the HPP in 2021, citing breaches of terms and force majeure.

By Helena Bedwell

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French Court Suspends Georgia's $383 Million Payment for Namakhvani HPP

Read at source (1 outlet)

French court suspends Georgia’s $383 million payment to company behind Namakhvani HPP

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