AGL has appointed Irakli Khabeishvili as the new Chief Financial Officer. Irakli comes to AGL with vast experience in finance from local and international perspectives. He served in executive positions in large multinational companies, including McDonald’s, Archimedes Global, and IRAO-Vienna Insurance Group. Earlier in his career, he served at Deloitte & Touch and Austin Commercial […]
The members of the Board of Adjaristsqali Georgia LLC (AGL) met with Georgian Prime Minister Irakli Garibashvili. Prospects of future cooperation were discussed at the meeting. Adjaristsqali Georgia LLC is the largest investor in the energy sector. The company is owned by Norwegian Clean Energy Invest and India’s Tata Power. The company has finalized the […]
Rakesh Naik, CEO of AGL: ,,I would like to congratulate each representative of this sector on this magnificent day. I especially congratulate the employees of Shuakhevi HPP! It is a great honour for me to work with you. Much success!’’- stated.
Shuakhevi HPP started electricity generation in the beginning of 2020. Within the first part of this year, the HPP has generated 75% more electricity compared to the same period of the last year. As stated in the company, generation of the current year will presumable exceed predicted generation provided Hydrology continues to be good until […]
Adjaristsqali Georgia LLC (AGL) announce an internship program at Shuakhevi HPP. As decided by the company’s management, 20 students will have an opportunity to attend an internship in the company on yearly basis. Within the scope of the internship program, students will be displaced at different locations: powerhouse, dams, intake, they will work under the […]
Adjaristsqali Georgia LLC is pleased to announce that Mr Asbjørn Grundt has been appointed as a new Director of the AGL Board. Mr Asbjørn Grundt has an enormous knowledge of the international Hydropower sector. He has previously been EVP Market Operations and IT and EVP International Hydropower in Statkraft. He has also worked six years in Norsk Hydro’s electricity market operations. Grundt has been […]
On November 9, 2021 Adjaristqali Georgia LLC planted saplings of 1,500 local tree species in the Skhlata valley, particularly, the Georgian oak, pine and hornbeam. AGL employees participated in tree planting. Overall, the Company has planted around 10,000 local species in the Shuakhevi project area since 2015. AGL will continue reforestation of the area in […]
AGL CEO Rakesh Naik and Head of CSR Nino Diasamidze held a meeting with the Director of Batumi Botanic Garden Irakli Archaia and discussed possible future cooperation opportunities. AGL has been cooperating with Batumi Botanic Garden since 2016 when AGL co-financed the construction and development of Goderdzi Alpine Botanic Garden by 100,000USD. The Godzerdzi Alpine […]
On Sunday, July 25, in regard to National Statistics Day, the National Statistics Office of Georgia awarded Adjaristsqali Georgia LLC as the best company in the nomination of the provider of information. AGL was listed among the 10 best companies in the country and it is the only company in the energy sector that has […]
AGL provided funding for social projects of local residents over the course of the community support initiative. 18 small business projects in Village Chanchkhalo and 9 projects in village Kinchauri received funding. Projects vary according to the field of occupation: guesthouses, beekeeping, animal husbandry, etc.
Adjaristsqali Georgia LLC is a special purpose vehicle set up to develop the hydropower resources on the Adjaristsqali River and its tributaries, in the Autonomous Republic of Adjara, in South Western Georgia. AGL is a joint venture between India’s Tata Power and Norway's Clean Energy Invest, and IFC, a member of the World Bank Group. IFC has supported the project since its early development, through IFC InfraVentures, which is an early stage project developer launched by IFC.
#1 I.Abashidze str. Batumi, Georgia
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info@agl.com.com
