Satish Bhat Appointed New CEO of Adjaristsqali Georgia LLC
Mr. Satish Bhat joins Adjaristsqali Georgia LLC as Chief Executive Officer to lead the second largest HPP of 187 MW capacity & important player in Georgia’s energy sector.
Mr. Bhat’s vast experience of over 32 years in the power sector encompasses the fields of business development, project development and operations and maintenance. He comes with expertise in renewable business, developing green field solar projects, managing mergers and acquisitions and running group captives. He also has experience in operations and maintenance of thermal, hydro (including pumped-storage plants), DG-based and solar photovoltaic power plants. Mr. Bhat has served as nominee director on the boards of many companies specializing in the area of renewable energy.
“Companies engaged in renewable energy generation play a crucial role in ensuring energy security and long-term economic development and sustainability. The Shuakhevi HPP is one of the key energy sites in Georgia that buttresses the country’s energy security. It is a great honor for me to be working with a team with its each and every member underpinning the energy project’s success story for years,” the company’s CEO Satish Bhat says.
Adjaristsqali Georgia LLC is co-owned by Norwegian Clean Energy Invest and India’s Tata Power. The Shuakhevi HPP is financed by leading global financial institutions. The HPP started generating energy in 2020.