Tender has been extended for the selection of an investor for Gardabani 3.
According to "Geogian Oil and Gas Corporation", deadline for submission of proposals in the tender announced on June 30, 2023 for construction of a thermal power plant with a capacity of 350-430 MW has been continued until November 30.
As of the earlier terms and condtions, interested investors were supposed to submit proposals until August 31, then until October 31, and now until November 30.
The government is looking for a private investor to carry out the construction and commissioning of the plant, with the subsequent operation of the thermal plant.
100% share of the Georgian Oil and Gas Corporation (GOGC) in Gardabani 3 with the value of USD 2,450,000 will be allinated under appropriate conditions.
The thermal power station will be built in compliance with the requirements (flexible operation ability and others) presented by the state electricity system of Georgia and created based on the needs of the energy system. One of the necessary preconditions for alienation of shares is commissioning of the Gardabani 3 plant within the period of 4 years.
