Tag Archives: Government of Georgia

Meeting with Prime Minister of Georgia

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 […]

AGL CEO participated in Belt & Road Forum

Adjaristsqali Georgia LLC CEO Mr. Prashant Joshi participated in Belt & Road Forum which was held in Tbilisi on November 28-29. The Forum is conducted periodically and is as a good platform for senior politicians and businesspeople from various nations around the world and representatives of a number of international organizations. Mr. Joshi gave a […]

Construction Completion of the Shuakhevi HPP

Georgian Prime Minister Giorgi Kvirikashvili, Vice Prime Minister and Energy Minister Kakha Kaladze, Tata Power CEO and Chairman of Board of Directors of Adjaristsqali Netherlands BV Anil Sardana, Clean Energy, Chairman of Board of Directors of Clean Energy Invest, Baard Mikkelsen, CEO of Norsk Minerals Kyrre Olaf Johansen, CEO  of Clean Energy Invest AS Bjorn Brandtzaeg, […]

Meeting with the Prime Minister of Georgia

Today, the owners and management members of AGL met the Prime Minister of Georgia Mr. Giorgi Kvirikashvili. Parties talked about the successful completion of the largest hydropower investment project in Georgia Shuakhevi HPP and discussed about the possible cooperation perspectives in the future. A meeting was held at the Administration of the GoG. Vice Prime […]

AGL CEO addresses International Energy Conference

On September 8, Ronny Solberg, the CEO of Adjaristsqali Georgia, LLC, attended an international conference entitled, “The Development of Hydro Energy Potential.” The CEO addressed conference participants and discussed the construction of the Shuakhevi HPP as one of the largest investments in infrastructure in the Georgian energy sector. The two-day international conference was held in […]

Largest Investor’s Public Report

On 8 April, Vice Prime Minister and Minister of Energy Kakha Kaladze, Vice Prime Minister and Minister of Economy and Sustainable Development Dimitri Kumsishvili, Minister of Regional Development and Infrastructure Nodar Javakjishvili, Minister of Finance Nodar Khaduri, and Minister of Environment and Natural Resources Giga Agulashvili attended a report by Adjaristsqali Georgia LLC (AGL), the country’s largest […]

Meeting with the PM of Georgia Giorgi Kvirikashvili

Today, Prime Minister of Georgia held a meeting with the largest investor of the country – the chair of the supervisory board of the “Adjaristsqali Georgia LLC” (AGL) Kyrre Olaf Johansen. The conversation touched upon the Shuakhevi Hydro Power Project, implemented by the company. During the meeting it was noted that 75% of the Shuakhevi […]

AGL CFO meets the Minister of Finance

Today, the Minister of Finance of Georgia, Nodar Khaduri, held a meeting with representatives from AGL, in particular with the CFO, Chandrashekhar Damle, director of Government relationship, Nana Gurgenidze and Financial Manager, Tamar Lomidze. During the meeting, CFO delivered the information to the Minister of Finance about the construction of one of the largest energy […]

Shuakhevi HPP – The largest energy project in Georgia

On Tuesday, 19 March, at 7 p.m. the Sheraton Hotel Batumi hosted the financial close of the Shuakhevi Hydropower Project and the signing of the Build-Own-Operate Direct Agreement with the Government of Georgia. Speeches were made by Chief Executive Officer of AGL Bjorn Brandtzaeg, Prime Minister of Georgia Irakli Garibashvili, Minister of Energy of Georgia Kakha Kaladze, Chief […]

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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.


    #1 I.Abashidze str. Batumi, Georgia


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