Oni 1 HPP is a 122.5MW 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. Post completion of the construction, the project is expected to get commissioned in 2024.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Hydropower | 122.5 | – | 122.5 | Permitting | Racha-Lechkhumi and Kvemo Svaneti, Georgia | Oni Cascade |
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Description
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The project is being developed by Oni Cascade. PERI and Georgian Co-Investment Fund are currently owning the project having ownership stake of 90% and 10% respectively.
Oni 1 HPP is a run-of-river project. The project is expected to generate 441.2 GWh of electricity. The project cost is expected to be around $185m.
Development Status
Post completion of the construction, the project is expected to get commissioned in 2024.
Power Purchase Agreement
The power generated from the project will be sold to Electricity System Commercial Operator under a power purchase agreement.
About Oni Cascade
Oni Cascade JSC (Oni Cascade) is a hydro power plant. The company is headquartered in Georgia.
Methodology
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.
