+44 207 394 30 90 (London)

Georgia Capital’s Water Utility Arm Commissions Hydro Power Plant

Главная » News » Georgia Capital’s Water Utility Arm…

Georgia Capital PLC on Tuesday said its water utility business, Georgia Global Utilities, has commissioned its 2.5 megawatt Bodorna hydro power plant near Tbilisi.

Contruction of the power plant began in November 2017 and has had a total project cost so far of GEL10.0 million, equivalent to approximately GBP3.0 million. It was financed through a long-term loan facility from the Dutch and German development banks.

The Bodorna hydro power plant has a ten-year fixed price purchase power agreement with the Georgian government, which guarantees a price of 6 US cents per kilowatt hour for eight months each year.

The plant its expected to generate 15 gigawatt hours per year.

“Our water utility business has commissioned – on time and within budget – yet another hydro power plant, continuing to successfully utilise its existing infrastructure and further diversifying its strong revenue stream,” said Georgia Capital Chair and Chief Executive Irakli Gilauri.

“Bodorna hydro power plant is another renewable energy project developed by Georgia Global Utilities, which supports the overall development of the currently undersupplied energy market in Georgia,” Gilauri added.

Source: Morning Star


Tata Power synchronizes 186MW Shuakhevi hydro power project in Georgia

Indian energy company Tata Power said that its joint venture company Adjaristsqali Georgia (AGL) has synchronized the 186MW Shuakhevi Hydro Power Project (HPP) in Georgia. The joint venture partners of Tata Power in AGL are Clean Energy Invest AS Norway (Clean Energy) and IFC InfraVentures (IFC), World Bank group member. Tata Power also said that…

Nenskra HPP Project Public Hearings to Be Held in Chuberi and Nakra

Nenskra Hydropower Plant Project Company, JSC Nenskra Hydro, will hold yet another round of public hearings on the project’s Environmental and Social Impact Assessment (ESIA) report for the population of villages of Chuberi and Nakra, on 22-23 and 24 of August, respectively. Public hearings will be held in a format of open house sessions: from…

Armenia’s investment potential presented to Chinese investors

YEREVAN, AUGUST 17, ARMENPRESS. Armenia’s commercial to China Hrant Abajyan presented Armenia business environment, investment attractiveness, potential and the existing opportunities, as well as a number of investment programs in infrastructures, road construction, mining industry, production, agriculture and energy fields to Chinese businessmen and investors on August 16 in Beijing, press service of the Armenian…