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Project summary document

Project name:Enguri Hydro power Plant Rehabilitation project
Country:Georgia
Project number:4304
Business sector:Power and Energy
Public/Private:Public
Environmental category:B
Board date:1 December 1998
Status:Signed
Date PSD disclosed:
Date PSD updated:
2 October 1998
8 September 2006
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Related links
Georgia homepage
Power and Energy homepage
EBRD finance to modernise Georgia's sector [Press Release]
Power to the people of Georgia [Story]
Enguri Hydro Power Plant - General Notice [Procurement Notice]
Power and Energy utilities showcase [EBRD - Sectors]

Project description
and objectives:

The project aims to make improvements to the largest arch dam in the world, to alleviate critical power shortage in Georgia at a low cost and to enhance the environmental benefits of the Enguri Hydro Power Plant facility.

The project aims to; i) increase the availability of non-polluting renewable energy in the country; and ii) improve dam and power waterway operational safety and enhance the environmental benefits of the Enguri power facility.

Transition impact:

The will enable the country to provide the most economic source of electricity. It will also contribute to the balancing of the Georgian electricity system and supports the market operation. It will be used as a demonstration effect for the qualification of the large hydro power plant under the Clean Development Mechanism for carbon emission.

The client:

The borrower is Georgia that will on-lend to Enguri Ltd a State owned special purpose company that owns and operates Enguri HPP.

EBRD finance:

A loan of US$ 38.75 million (EUR 31.00 million) for the first phase of rehabilitation was signed in 1998 with Co-financing will be provided by the European Union, the Japanese Government, KfW and Government of Georgia. The second phase of the project will be covered with a loan extension for USD 10 million (EUR 7.5 million) with co-financing from the European Commission and the Government of Georgia.

Total project cost:

US$ 139.0 million (EUR 116.0 million).

Environmental impact:

This project was classified as B/1, requiring an analysis of the main impacts associated with the project and an environmental audit of the existing facilities. These were carried out by international consultants as part of the project preparation.

The analysis concluded that no significant environmental impact is likely to result from the project. The environmental audit identified issues related to current operations that require attention. These include waste management, handling and storage of oils, soil contamination, waste-water collection and treatment, and various aspects of worker health and safety issues (fire protection, poor maintenance and resulting hazards, medical infrastructure etc.). These issues are addressed in the environmental action plan prepared for the project. The mitigation measures included in the environmental action plan have been included in the project scope. Their implementation will be monitored as part of overall project monitoring.

Technical
cooperation:

Technical cooperation funding in excess of EUR 400,000 were raised for the project preparation. All consultant services have been procured.

For consultant opportunities for projects financed by technical cooperation funds, visit procurement of consultants.

EBRD contact:

Laurent Chabrier, Operation Leader: chabriel@ebrd.com

Procurement or tendering
opportunities:

Visit EBRD Procurement
Enquiries: Tel: +44 20 7338 6794; Fax: +44 20 7338 7472, Email: procurement@ebrd.com

General enquiries:

EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168; Fax: +44 20 7338 7380
Email: projectenquiries@ebrd.com


Project Summary Documents are created before consideration by the EBRD Board of Directors. Details of a project may change following disclosure of a Project Summary Document. Project Summary Documents cannot be considered to represent official EBRD policy.
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