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AGL provided funding for business projects

June 5, 2021

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.

The goal of supporting local communities in the long-term economic development of the region and improvement of living conditions for local residents. AGL will continue funding social projects in future years to come.

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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.

    ADDRESS

    #1 I.Abashidze str. Batumi, Georgia

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    EMAIL

    info@agl.com.com