Economy
Posted: 2 months ago

Kartli Wind Power Station Put out for Auction

Kartli wind power station has put out for auction at 14.25 million USD. The public auction was announced by Georgian Energy Development Fund and Georgian Oil and Gas Corporation (GOGC).

Under the auction terms, the 100% stake of Kartli wind power station has been put out for sales.

Kartli wind power station represents the first wind power project in Georgia with the annual generation of 84 100 000 kw/h. The facility was put into exploitation on December 20, 2016. The station’s power makes up 20.7 megawatts.

Interested bodies should submit due documentation through October 31,

The auction will be held on November 15, 2019.