Oni 2 HPP is a 60MW hydro power project. It is planned on Rioni river/basin in Racha-Lechkhumi and Kvemo Svaneti, Georgia. The project is currently in permitting stage. It will be developed in single phase. The project construction is likely to commence in 2024 and is expected to enter into commercial operation in 2026.
|Project Type||Total Capacity (MW)||Active Capacity (MW)||Pipeline Capacity (MW)||Project Status||Project Location||Project Developer||Hydropower||60||–||60||Permitting||Racha-Lechkhumi and Kvemo Svaneti, Georgia|
PERI and Georgian Co-Investment Fund are currently owning the project having ownership stake of 90% and 10% respectively.
Oni 2 HPP is a run-of-river project. The project cost is expected to be around $76.508m.
The project construction is expected to commence from 2024. Subsequent to that it will enter into commercial operation by 2026.
Power Purchase Agreement
The power generated from the project will be sold to Electricity System Commercial Operator under a power purchase agreement.
All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.