Saturday, February 24, 2018

Tata Power has synchronized 186 MW Shuakhevi hydro project in Georgia. The company has also commenced stabilisation procedures to ensure smooth operations for the project, which commenced construction activity in 2013.

The company said the following,

"Tata Power, through Adjaristsqali Georgia LLC (AGL), its joint venture with Norway’s Clean Energy Invest AS Norway (Clean Energy) and IFC InfraVentures (IFC), a member of the World Bank group have synchronised its 186 MW Shuakhevi Hydro Power Project (HPP) in Georgia."

The power generated by the project, which entailed an investment of over USD 420 million, will be exclusively sold within Georgia throughout the winter, which is a period of energy deficit.

Tata Power CEO and Managing Director, said the following,

"We continue to strengthen our international presence and look for viable business opportunities across the select international geographies. We have also commenced stabilisation procedures that will ensure uninterrupted power supply.”