Adjaristsqali Georgia LLC | Accountability Console
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Adjaristsqali Georgia LLC

Sectors

Energy

Description:

Projects in this Sector: 245

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Infrastructure

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Projects in this Sector: 607

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Issues Raised

Biodiversity

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Projects with this Issue Raised: 135

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Community health and safety

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Projects with this Issue Raised: 368

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Due diligence

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Projects with this Issue Raised: 489

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Environmental

Description:

Projects with this Issue Raised: 411

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Project Information

Investment ID: 12315, 37781, 33435, 601449

Bank: IFC/MIGA

Environmental Category: A

Country: Georgia

Region: Europe and Central Asia

Approval Date: None

Investment Types: Advisory services, Equity, Loans, Risk Guarantee

Total Project Cost: No recorded data on this

Total Complaints: 1

Description

The Adjaristsqali Georgia LLC (AGL) project involves the construction of a cascade of hydroelectric power plants in the Adjaristsqali region, Adjara, Georgia. The cascade was originally proposed to include three phases, namely the 185 megawatt (MW) Shuakhevi scheme, the 150MW Koromkheti scheme, and the 65MW Khertvisi scheme. The Khertvisi scheme was not pursued by AGL due to significant economic and environmental risks and Koromkheti is in early stages of development under a separate InfraVentures project. Therefore only Shuakhevi is considered ‰'the Project and is being developed by Adjaristsqali Georgia LLC (AGL) as a joint venture between Indias Tata Power, Norways Clean Energy Invest (40 percent each) and IFC (20 percent).

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