CLEAN ENERGY GROUP GEORGIA will implement Namakhvan HPP cascade project. According to the Georgian Energy Development Fund, 3 companies participated in the process which presented proposals. These were: LLC, “General Development”, „POWERCHINA RESOURCES“ LTD and „CLEAN ENERGY GROUP GEORGIA” LLC.
After considering all the proposals carefully, the evaluation commission of Georgian Energy Development Fund declared „CLEAN ENERGY GROUP GEORGIA“LLC as a winner. Currently, there are negotiations with Georgian government in terms of agreement conditions.
According to the procedures agreed with the Ministry of Energy, Georgian Energy Development Fund announced its interest for the construction of Namakhvan HPP cascade project on 24th of December, 2015.