Project description
and objectives:
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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.
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Transition
impact:
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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.
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The client:
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The borrower is Georgia that will on-lend to Enguri Ltd a State owned special
purpose company that owns and operates Enguri HPP.
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EBRD
finance:
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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.
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Total project cost:
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US$ 139.0 million (EUR 116.0 million).
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Environmental impact:
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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.
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Technical
cooperation:
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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.
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EBRD contact:
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Laurent Chabrier, Operation Leader: chabriel@ebrd.com
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Procurement or tendering
opportunities:
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Visit EBRD Procurement
Enquiries: Tel: +44 20 7338 6794; Fax: +44 20 7338 7472, Email: procurement@ebrd.com
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General
enquiries:
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EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168; Fax: +44 20 7338 7380
Email: projectenquiries@ebrd.com
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