News Column

Shuakhevi HPP

May 19, 2014

Project Reference Number:45335 Project Status: Active Project Phase: Planning Project Value: USD 417 million Project Location:Georgia Scope of Work: The EBRD is considering extending a senior loan to Adjaristsqali Georgia LLC (the Borrower ) of up to USD 86.5 million (EUR 63.7 million) for the financing of the development, construction and operation of Shuakhevi HPP, a hydroelectric power plant to be located on the Adjaristsqali river in south-western Georgia (the Project ). Shuakhevi HPP will have an installed capacity of 185 MW with expected electricity output of 452 GWh. The plant is designed as a run-of-the-river plant with capacity for diurnal storage in two reservoirs, allowing Shuakhevi HPP to store water for up to 12 hours and sell electricity at peak demand times.

Project completion date : 2015-12-31 12:00:00

Major organization : CLEAN ENERGY

Address : 4675 MacArthur Court, Suite 800, Newport Beach, CA 92660

Country :United States

Financier : European Bank for Reconstruction and Development (EBRD),

Financier address : European Bank for Reconstruction and Development (EBRD) One Exchange Square London EC2A 2JN United Kingdom Website :

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Source: TendersInfo (India)

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