Tata Power JV commissions 178 mw-hydropower project in Georgia

Tata PowerNSE 2.01 % Company’s joint venture with Norway’s Clean Energy Invest (CEI), and International Financial Corporation (IFC) has started commercial operation of a 178 megawatt hydropower project in Georgia, the Tata group utility said on Monday in a press statement.

The joint venture company, Adjaristsqali Georgia LLC, is setting up one of the largest projects in Georgia at an overall project cost of approximately $ 500 million. After the 178 mw-Shuakhevi Hydro Power Project, the JV will comission a 9 mw units, namely Skhalta Hydro Power project.

“The commercial operation of the Shuakhevi HPP is an important milestone for Tata Power and its partners. The success of the 178 MW Shuakhevi HPP cascades are crucial for the integrity, security and independence of energy in Georgia,” Praveer Sinha, CEO and Managing Director, Tata Power, said in the press statement.