According to the Law of Georgia on Electricity and Natural Gas, in the event that the agreement is reached between the Government of Georgian, the Electricity Market Operator and appropriate person (investor) as well as in case of signing the power purchase agreement, ESCO carries out the compulsory purchase of electricity (capacity), generated by the newly built power plant (generation licensee and/or small capacity power plant), in compliance with the legislation in force.

The Decree #107 of Georgian Government - “State Program “Renewable Energy 2008”, about the Approval of the Rule to Enable Construction of Renewable Energy Sources in Georgia," dated April 19, 2008, regulates the mentioned issue and decree "About the Approval of the Rule of Expressing Interest in the Decree #107 of Georgian Government - “State Program “Renewable Energy 2008”, about the Approval of the Rule to Enable Construction of Renewable Energy Sources in Georgia", dated April 19, 2008, regulates the mentioned issue and Decree #214 "About the Approval of the Rule of Expressing Interest in Technical and Economical Study of the Construction, Construction, Ownership and Operation of the Power Plants in Georgia".

 

Guaranteed Power Purchase Agreements  signed with ESCO in accordance with the Memorandums

  N  

Counterparties

Date of Signature

Name of Unit

Date of Exploitation

1

"Georgia-Urban Energy", Ltd

28.10.2014

Paravani HPP

October, 2014

2

"Energy", Ltd

23.08.2012

Larsi HPP

January, 2014

3

"Dariali Energy', Ltd (at present - "Dariali Energy", JSC)

18.07.2014

Dariali HPP

December, 2016

4

"Kazbegi HPP", Ltd

22.09.2012

Kazbegi HPP

August, 2014

5

"Energy", Ltd and
"GGEDC", JSC

15.08.2012

Shilda HPP

September, 2013

6

"Bakhvi Hydro Power", Ltd

23.08.2012

Bakhvi HPP III

December, 2013

7

"Hydrolea"
"Geoenergy", Ltd

15.11.2013

Akmeta HPP

 March, 2014

8

"Hydrolea" and
"Hydro Georgia, Ltd

15.11.2013

Debeda HPP

 December, 2015

9

"Hydrolea" and
"Stori Power", Ltd

15.11.2013

Pshavela HPP

February, 2015

10

"Hydrolea"
"Darchi", Ltd

10.03.15

Darchi-Ormaleti HPP

 

11

"Hydrolea", Ltd and
"Kasleti-1", Ltd

10.03.15

Kasleti-1 HPP

 

12

"Hydrolea", Ltd and
"Kasleti-2", Ltd

31.08.2015

Kasleti-2 HPP

 

13

"Nenskra Hydro", JSC

16.06.2017

Kasleti-2 HPP

 

14

"Mtkavri Hesi", Ltd

11.01.2016

Mtkvari HPP

 

15

"Oni Cascade", JSC

11.01.2016

Oni 1 and Oni 2 HPPs
(Oni Cascade)

 

16

"Georgian Investment Group Energy", Ltd

27.01.2016

Khobi 1 and Khobi 2 HPPs

 

17

"Energo-Aragvi", Ltd

04.01.2016

Aragvi HPP

February, 2014

18

"Saknakhshiri" (GIG Group), Ltd

09.02.2016

Tkibuli TPP 

September, 2015

19

"Kartli Wind Power Plant', Ltd

10.05.2016

Kartli Wind Power Plant

January, 2017

20

“Era Georgia”, Ltd

27.12.2016

Shakshaketi HPP

May, 2016

21

'"C Power", Ltd

20.03.2017

Coal Fired Thermal Power Plant

 

22

'"Achar Energy 2007", Ltd

28.03.2017

Khelvachauri 1 HPP

March, 2017

23

"Svaneti Hydro", JSC

20.04.2017

Mestiachala 1 HPP

 

24

"Svaneti Hydro", JSC

20.04.2017

Mestiachala 2 HPP

 

25

"Bugato Energy", Ltd

24.04.2017

Metekhi 1 HPP

 

26

"Hydro Energy", LLC

14.08.2017

Shilda 1 HPP

 

27

"Hydro Development Company", Ltd

04.09.2017

Kintrisha HPP

August, 2017

28

'"AE-SGI Energy I", LLC

06.11.2017

Nabeghlavi HPP

August, 2017