The government of Georgia has allocated 29 land plots in the municipalities of Khashuri and Kharagauli for the construction of the Rikoti Wind Power Plant, another step in the country’s renewable energy expansion.
Under Government Decree No. 538, the land has been transferred to Taba LLC under a 49-year construction rights agreement.
The company will pay GEL 35,480 annually to the state budget for the right to use 60,065 square meters of non-agricultural land.
The decree states that the land must be used specifically for the construction and commissioning of the wind power plant, as per an agreement signed on July 17, 2024.
The project is being implemented under a multi-party agreement involving:
- The Government of Georgia
- The Electricity System Commercial Operator
- Georgian State Electrosystem
- Taba LLC
The initiative is part of broader efforts to strengthen domestic energy generation and diversify sources through renewables.
Founded in 2013, Taba LLC is jointly owned by two Netherlands-registered companies:
- Rikoti Energy B.V.
- Anadolu Kafkasya Enerji Yatırımları A.Ş.
Each holds a 50% stake in the company.
Taba is governed by a seven-member board of directors, composed of six Turkish citizens and one Georgian citizen.
The Rikoti Wind Power Plant project reflects Georgia’s ongoing push to develop renewable energy infrastructure.
