OUR INVESTMENT PROJECTS
37/39, Kostava Str., Grato Building
6th Floor, 0179, Tbilisi, Georgia
6th Floor, 0179, Tbilisi, Georgia
Tel.: +995 32 2 47 00 03
Tel.: +995 32 2 47 00 04
Tel.: +995 32 2 47 00 04
The Tskhenistskali cascade of hydropower plants is a run-of-the-river project consisting of two hydropower plants on the Tskhenistskali river in northern Georgia, with a designed and installed capacity of 312 MW. This greenfield project has an expected annual energy generation of 1,192 GWh, and its expected annual output will comprise 9.4% of Georgia’s total electricity consumption.
The total investment for the project is US$534M (including the cost of financing) and the project has been planned on a build, own and operate (BOO) structure and has just completed the feasibility study phase, with power generation planned to commence in 2026.
GCF is the sole owner of the project.