Georgia's JSC Namakhvani has selected to Clean Energy Group Georgia to construct and operate the 433-MW Namakhvani hydroelectric power cascade.
CEGG beat General Developments and Powerchina Resources to win the tender, which was opened for bidding in December 2015.
The cascade will be located on the Rioni River near Tskaltubo and Tsageri in Georgia's western region. The two new powerhouses -- to be named Namakhvani and Tvishi -- will be located between the existing Lajanuri and Gumati plants.
The Namakhvani project was first proposed during the 1930s, but it wasn't until the 1980s that a firm design was finally developed. The cascade was originally to have included a third powerhouse, called Zhoneti (or Joneti), though Georgia's Ministry of Energy decided to scale the project back to two steps in 2014.
JSC Namakhvani said received permits for the projects last January and is now working to complete site preparations. The cascade is expected cost US$730 million and be commissioned in 2021.
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