Tata Power strengthens after JV synchronises Georgia hydro project

Tata Power through Adjaristsqali Georgia LLC (AGL), its joint venture with Norway’s clean energy invest as Norway (Clean Energy) and IFC InfraVentures, a member of the World Bank group, has announced the synchronisation of its 186 MW Shuakhevi Hydro Power Project (HPP) in record time.

Shuakhevi HPP is the largest hydropower plant to be built in Georgia over the past 50 years, and its project investment cost exceeded USD 420 million. The completion ceremony was presided by the Prime Minister of Georgia, Giorgi Kvirikashvili, and the Vice Prime Minister and Energy Minister, Kakha Kaladze.
Around 730 Georgian citizens were employed in the plant construction. The project will significantly contribute to Georgia’s path toward energy independence. The power generated by the project will be exclusively sold within Georgia throughout the winter, which is a period of energy deficit.

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