Proposal submission deadline according to call for expression of interest for Namakhvani HPP cascade project development has expired on July 7, 2016, 15:00. Three companies have made their bid: Clean Energy Group Georgia LLC, Powerchina Resources LTD and General Development LLC.
Evaluation committee will assess applicant’s experience and financial performance. The committee will select the winner who passes qualification criteria and whose proposed tariff will be the lowest. The winner will be presented to the Ministry of Energy for IA negotiations. The winner will be selected within 6 months.