Introduction

The hydropower potential on the Adjaristsqali River and its tributaries in Georgia is being developed in two phases, with parallel legal structures. Phase 1, the 178 MW Shuakhevi and 9 MW Skhalta HPPs, is fully financed and under construction and estimated to be completed by Q3 and Q4 2017 respectivly. The total project cost is 416 MUSD, of which 60% financed by IFC, EBRD and ADB. The first phase is being developed through the Georgian project company Adjaristsqali Georgia LLC (AGL).

CEI’s management and its representatives have led the bidding, design and financing of Phase 1. Construction started in 2013 and operations are expected to commence in Q3 2017. The project has an international management team on site. AGL is preparing for the operations phase, with the intention of operating world-class facilities according to international benchmarks.

Phase 2, the 115 MW Koromkheti HPP, is located just downstream and is currently at the feasibility stage. Phase 2 is being developed by the Georgian project company Koromkheti Georgia LLC (KGL). A potential investment decision is expected in 2018.

 

Highlights

Largest Hydropower Project

Developed in Georgia in the last 35 years

Employment

Phase 1 has created around 1800 jobs, including 700+ for local Georgian employees

Resettlement

Successfully designed to avoid any permanent resettlement

Cross-border Financing

First international cross-border limited recourse financed hydro project in Georgia

Clean Development Mechanism (CDM)

First greenfield hydropower qualified for CDM

Transmission Line

Enabler of the 130 km 220 kV double circuit transmission line between Batumi and Akhaltsikhe

Timeline

  1. Licence agreement signed
    Co-development agreement signed with IFC

  2. First international feasibility study and environmental and social impact study (ESIA) for hydropower in Georgia completed by the project

  3. Tata Power joins the project
    Construction permit for Phase 1 obtained

  4. Construction start Phase 1

  5. Financial close Phase 1

  6. Operations Phase 1

  7. Construction start Phase 2

  8. Operations Phase 2

Facts and figures

Phase 1

Adjaristsqali Georgia LLC (AGL)

Project name

Shuakhevi HPP

Total budget

393 MUSD

Status

Construction

Estimated annual production (P50)

474 GWh

Installed capacity

178 MW

Commercial operations

Estimated Q3 2017

Gross head

400

Maximum discharge

48 m3/sec

Dams

Didachara dam: 50 m Skhalta dam: 19 m

Turbine type

Francis

Number of turbines

2

Tunnel length

31 km

Type of plant

Run-of-river, with daily storage

Adjaristsqali Georgia LLC (AGL)

Project name

Skhalta HPP

Total budget

23 MUSD

Status

Construction

Estimated annual production (P50)

28 GWh

Installed capacity

9MW

Commercial operations

Estimated Q4 2017

Gross head

100 m

Maximum discharge

25 m3/sec

Dams

Chirukhistskali weir: 10 m

Turbine type

Francis

Number of turbines

3

Tunnel length

6,5 km

Type of plant

Run-of-river, with daily storage

Phase 2

Koromkheti Georgia LLC (KGL)

Project name

Koromkheti HPP

Total budget

250 MUSD

Status

Development

Estimated annual production (P50)

315 GWh

Installed capacity

115 MW

Commercial operations

Estimated Q1 2021

Gross head

150 m

Maximum discharge

100 m3/sec

Dams

Khichauri dam: 19 m Chvanistskali weir: 10 m

Turbine type

Francis

Number of turbines

2

Tunnel length

15,7 km

Type of plant

Run-of-river, with daily storage

Map

map