LARGEST INVESTOR’S PUBLIC REPORT TO GOVERNMENT

Vice Prime Minister and Minister of Energy Kakha Kaladze, Vice Prime Minister and Minister of Economy and Sustainable Development Dimitri Kumsishvili, Minister of Regional Development and Infrastructure Nodar Javakjishvili, Minister of Finance Nodar Khaduri, and Minister of Environment and Natural Resources Giga Agulashvili attended a report by Adjaristsqali Georgia LLC (AGL), the country’s largest investor. The event was also attended by representatives of international finance institutions (IFC, EBRD, ADB,) and experts working in the energy sector.Wonder Woman 2017 film

This event was jointly organized by the Ministry of Energy and Adjaristsqali Georgia.

Speeches were delivered by the Vice Prime Minister and Minister of Energy Kakha Kaladze, Chairman of Advisor’s Board of Adjaristsqali Georgia Kyrre Olaf Johansen, and the company’s CEO Ronny Solberg.

AGL is implementing one of the largest infrastructure investments in Georgia, the Shuakhevi Hydro Power Plant (HPP) project. AGL is a joint venture between India’s Tata Power and Norway’s Clean Energy Invest (40 percent each), and IFC, a member of the World Bank Group (20 percent). AGL is investing a total of USD 416 million and employing 730 Georgian citizens on this project.

Source: Ministry Of Energy Of Georgia