Construction of the Namakhvani Hydropower Plant (HPP) cascade project will result in an estimated 700,000-ton reduction in carbon emissions every year in Georgia or a reduction of approximately 7% in the CO2 emissions in the country.
If the electricity generated from the Namakhvani project was replaced with coal fired power, this would increase the CO2 emissions in Georgia by approximately 14%. The Namakhvani project makes it easier to meet Georgia’s pledges in the Paris Accords signed in 2015. The flexibility the project provides to the energy system in Georgia will make it easier to integrate solar and wind power into the Georgian grid further reducing the CO2 emissions in the country.
Namakhvani HPP will be constructed in compliance with the environmental and social standards of the international institutions financing the project. The project will be implemented by a professional team of Georgian and foreign specialists. The project’s technical consultant is the Swiss-based firm Stucky, and its environmental and social advisor is the French company SLR.
The Namakhvani HPP being built by Clean Energy Group Georgia (CEGG) LLC is a strategically important project for Georgia’s pursuit of energy independence. CEGG has been awarded the right to develop, build, own, and operate the 400 MW Namakhvani project. The award is the result of a transparent and competitive tender process in which 26 companies took part.