Subsidiary Company

Ltd Gardabani Powerplant

Ltd Gardabani Powerplant was established on August 30, 2012. JSC Georgian Oil and Gas Corporation (GOGC) owns 51% of the company shares and JSC Partnership Fund owns 49%.

Ltd “Gardabani Powerplant” implemented Gardabani Combined Cycle Power Plant (CCPP) Project. Estimated cost of the project was USD 230 million. The capacity of the power plant is 230 megawatts. CCPP has been opened in July 2015.