Commercial operations have begun at the 178MW Shuakhevi hydropower project in southwest Georgia, Adjaristsqali Georgia LLC (AGL) has announced.
AGL, a Joint Venture between Tata Power, Norway’s Clean Energy Invest (CEI), and International Financial Corporation (IFC), will also soon commission the 9MW Skhalta hydropower project which is also a component of the overall Shuakhevi scheme.
Shuakhevi is the only project in Georgia’s energy sector which has been funded by three of the largest financial institutes – European Bank of Reconstruction and Development (EBRD), Asian Development Bank (ADB) and IFC, a member of the World Bank Group.
The project will generate around 450GWh of clean energy to reduce the emission of greenhouse gases by more than 200,000 tonnes a year. The successful completion and start of commercial operations are considered crucial for the integrity, security and energy independence of Georgia. The power generated by the project will be exclusively sold within Georgia throughout the winter which is a period of energy deficit.
“The commercial operation of the Shuakhevi HPP is an important milestone for Tata Power and its partners,” said Praveer Sinha, CEO and Managing Director, Tata Power. “Shuakhevi HPP represents the largest and most influential energy project in the last 70 years. The success of the 178MW Shuakhevi HPP cascades are crucial for the integrity, security and independence of energy in Georgia.“