The investor of Namakhvani HPP cascade requested a guaranteed tariff for only eight several weeks (September through The spring) for the first 10 years.

The Norwegian company, Clean Electrical power Group, was naturally the right to build for that reason term. According to G&T, experience and economic performance were a prequalification criteria, while the PPA phrases offered by the bidders were the deciding on factors.

As of the ailments, an estimated US$ 733mn will be used the construction of the Namakhvani HPP cascade in the next 5 years. Once-a-year generation of the Namakhvani HPP procede is estimated on 1.5tWh, which represents Eleven.0% of the projected Georgian an electrical source consumption in 2022.