Tag Archives: Company Statement

Statement about the Didachara-Skhalta Transfer Tunnel

There appears to be some blockage in the transfer tunnel between Skhalta and Didachara. This blockage is estimated to be around 170 meters away from the tunnel outlet in Didachara reservoir area. However, this blockage will not impact the operations of the Shuakhevi Plant which is ready for commercial operations. AGL is investigating the cause of […]

Prashant Joshi appointed as CEO for Adjaristsqali Georgia LLC

As Adjaristsqali Georgia LLC (AGL) completes construction of the Shuakhevi Hydropower Plant (HPP), one of the largest infrastructure investments in Georgia, and prepares to move into its operating phase, Prashant Joshi (Tata Power) has taken over from Ronny Solberg (Clean Energy Invest) as CEO of AGL. Mr. Prashant Joshi began his career in renewable energy […]

Peter Rae appointed as Project Director

Peter Rae has been appointed as the project director for the development of the 185 MW Shuakhevi project. He will be moving to Batumi with his wife in February 2013. Peter Rae is 58 years old, comes Canada and has his educational background from civil engineering. Peter has a long track record working with developing hydro […]

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    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.


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