Tron Engebrethsen and Asbjørn Grundt have been appointed as new Directors of the AGL Board
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 chairman of the Board of Directors in SN Power.
Today, Grundt works as SVP in Statkraft heading the unit “Ownership” in Business Area Production following up Statkraft’s ownership interests in the hydropower sector. He is non-exec board member in Agder Energi, Eviny and Skagerak Energi.
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 the coming years.
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.
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 been awarded for successful cooperation this year.
AGL provided funding for social projects of local residents over the course of the community support initiative.
We have read the feedback on social media on the speech of Norwegian Ambassador in Georgia Helene Sand Andersen at the conference held in regard to the Namakhvani HPP project. The said feedback contains false facts, opinions, and plainly false information which puts Shuakhevi HPP, which is one of the most important investments made in the history of independent Georgia in the energy field, completely in a speculative perspective. It has been more than a year since Shuakhevi HPP started making its important contribution in the process of strengthening the country’s energy independence and cutting down dependence on imported electricity. Since the beginning of 2020, Shuakhevi HPP has been operating without any technical challenges, and the amount of electricity generated throughout the year has already crossed 300 GWh.
Rakesh Naik has been appointed as the new CEO of Adjaristsqali Georgia LLC (AGL). Prior to coming to AGL, he had a long and successful career with Tata Power, one of the world’s largest energy companies. He initially joined AGL as the COO and assumed his new role as CEO in the autumn of 2020.
Within the scopes of educational projects, AGL awarded four students scholarships this year.
Today, Goderdzi Alpine Botanical Garden located at 2000 meters from sea level was officially opened. The project aims to collect local plant species, conserve and preserve endangered species, support eco-education, and restore the subalpine forest line, stimulating the development of the local rural tourism sector. The main backer of the Goderdzi Alpine Garden is the Swiss Agency for Development and Cooperation (SDC) through the Mercy Corps Georgia implemented Alliances Caucasus Programme (ALCP). The project was supported by the private sector stakeholder Adjaristsqali Georgia LLC/Shuakhevi HPP and the Government of Ajara Autonomous Republic. The garden is being developed with the backstopping of Munich and Lautaret Botanic Gardens.
World Environment Day (WED) is celebrated on the 5th of June every year. This day was brought into existence in 1972 by the United Nations General Assembly to create general awareness and responsibility on Environmental issues. As this year the theme of World Environment is biodiversity AGL employees planted trees in Shuakhevi municipality in order to join worldwide effort to contribute to the greener and cleaner environment.