Tata Power JV concludes construction of $420m hydro power project in Georgia
July 07, 2017 – Tata Power, an India-based integrated power company, has completed construction of its 187MW hydro project in Georgia that involved an investment of more than $420m.
The Shuakhevi Hydro Power Project (HPP) was executed through Adjaristsqali Georgia (AGL), a joint venture (JV) of Tata Power with Norway’s Clean Energy Invest and IFC InfraVentures (IFC), a member of the World Bank Group.
The Shuakhevi HPP is claimed to be one the largest hydropower plants to be built in Georgia over the past 50 years. The construction of the plant commenced in the fall of 2013.
As a part of the project, one weir and two dams with their respective reservoirs and connecting tunnels have been constructed to divert water for power generation. The water conductor system features three tunnels with cumulative length of 33.48km and 3.75km of construction Adits.
The Shuakhevi HPP, which has been certified by the UN Framework Convention on Climate Change to reduce carbon emissions, will generate nearly 470GWh of clean energy while slashing greenhouse gases emissions by over 200,000 tonnes per year.
During the construction of plant, the project generated approximately 730 jobs.
Tata Power CEO and managing director Anil Sardana said: “We are delighted to announce the completion of construction of our Shuakhevi hydro project.
“It is indeed an important plant as it satisfies Georgia’s electricity demand during winter, reducing dependence on imported fuel and increasing renewable energy output. We are grateful to our strategic partners, Clean Energy and IFC InfraVentures, for putting us on a strong footing for this project.”