Tag Archives: Partnership

October 19, 2016

Adjaristsqali Georgia LLC will fund the development of Goderdzi Alpine Garden with USD 100,000

Today the Batumi Botanical Garden and Adjaristsqali Georgia LLC (AGL) signed an agreement in which AGL would fund the development of the Goderdzi Alpine Gardenwith a grant of USD 100,000. The grant will be used to construct a solar energy system and parking area in the garden, build and equip a temporary administration building for the staff, arrange picnic areas […]

May 10, 2013

Tata Power as new project partner for Adjaristsqali hydro cascade

Representatives from Clean Energy Group, Tata Power and IFC signed a shareholders agreement and a share subscription agreement in New Delhi on 9th of May to develop the up to 400 MW Adjaristsqali hydro project in Georgia. Tata Power will be a new project partner with a 40% stake in the project.

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

PHONE

+995 599 71 51 25

EMAIL

info@agl.com.com