JSC Nenskra Hydro Project
The Project comprises the development, construction and operation of Nenskra Hydro Power Plant with 280 MW of installed capacity and expected electricity output of 1,219 GWh assuming 50% load factor. The Project represents a significant infrastructural priority for the country and benefits of the highest support from the Government of Georgia (“GoG”). The main Project rationale is to guarantee the energy supply needed during the winter season and to maximize the export capacity during the summer season and is expected to significantly contribute to the economic and social development of the country. The Project is a hydro conventional power plant located on Nenskra river in the Svaneti region in north-western Georgia.