faravani

Flood impacts kept secret by hydropower plant constructor in Georgia

Georgian Urban Energy (GUE), the company in charge of constructing the Paravani hydropower plant (HPP), has been keeping secret a study on the potential flooding risks associated with the facility, despite requests and promises from the EBRD that such an analysis would be made public.

The Paravani HPP in southern Georgia is about to be completed by constructor Georgian Urban Energy, a subsidiary of the Turkish energy group Anadolu Endüstri Holding A.S. The EBRD has been backing about a quarter of the costs of the USD 160 million project and has an equity share in the construction company. Nevertheless, it does not seem that the constructor is bothered by requirements of and agreements with the EBRD.