Promotion Of Construction Of New Power Plants

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".