It is responsible for the distribution of electricity in Abkhazia and operates the Inguri hydroelectric power station.
It is only Russian plant involved in ultra-high voltage bushing development, manufacturing, and testing.
In June of the same year, it was renamed to Chernomorenergo and turned into a state-owned private company.
[3] In December 1999, outgoing Prime Minister Sergei Bagapsh was appointed Chairman of Chernomorenergo.
[5][6] Following the May 2014 revolution and the election of President Raul Khajimba, Chernomorenergo was transformed into a Republican Unitary Enterprise and Aslan Basaria was appointed its new chairman.