Namakhvani HPP Cascade Site visit and Clarification Meeting

25-th of February 2016 investors interested in developing of Namakhvani HPP Cascade project visited the construction area and surrounding territory. Investors were guided by JSC “Georgian Energy Development Fund”, JSC “Namakhvani” and the representative of the author of Basic Design – „Studio Ing. G Pietrangeli Srl”.  Investor’s representatives visited locations of Namakhvani and Tvishi Dams and powerhouses, as well as new bridge built by “Namakhvani” in Jhoneti village, which will be used for transportation of electromechanical devices and other materials during HPP construction.

The mentioned activities were reported by TV “Imedi”. TV representatives had conversations with locals, who are awaiting for resettlement and compensation.

During the clarification meeting Investor’s representatives have raised questions about Investor Selection procedures,  financial and technical details.  Mr. Giorgi Chachibaia, CEO of “Namakhvani,” was providing with fulfilled answers. All questions will be answered and published by JSC “GEDF” in nearest future.

26 potential Investors expressed interests in Namakhvani HPP Cascade Project development. Most of them have important experience in Energy Sector.

List of interested Investors:

1 Çalık Enerji Sanayi ve Ticaret A.Ş Turkey
2 Metag InŞaat.Ticaret A.Ş Turkey
3 TBC Holding LLC Georgia
4 Hidroconstructia S.A Romania
5 Tekfen Construction and Installation Co., Inc. (Tekfen InŞaat ve Tesisat A.Ş.) Turkey
6 Terna S.A Greece
7 Boldman Group International, Inc. USA
8 ContourGlobal erneuerbare Energie Europa GmbH Bulgaria
9 შპს “ჩემი სახლი” (chemi sakhli LLC)  Georgia
10 “General Development LLC”  Georgia
11 სს “სვანეთი ჰიდრო” (JSC Svaneti Hydro) (RP Global Austria GmbH)  Austria
12 “Phazisi Group”  Georgia
13 PowerChina Resources LTD  China
14 Harbin Electric International Company Limited China
15 Enerji Verta Enerji Ith Ihr San VE Tic LTD şti Turkey
16 Synohidro Corporation Limited China
17 “EN-ES” LLC Georgia
18 Namakhvani Holding LLC Georgia
19 Strabag AG Austira
20 Elenilto Georgia LLC Georgia (Israel)
21 AS Texnoservis LLC Ajerbaijan
22 Anadolu Tasit Ticaret A.S. Turkey
23 Clean Energy Group Georgia LLC Geogia (Netherland)
24 Electricité de France S.A France
25 Kalyon Inşaat San. Ve Tic. A.ş. Tukey
26 The Tata Power Company Limited India

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