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  • Asian Development Bank
    • News
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    09.09.2020 hot topic icon

    Georgia’s billion dollar dam violates international standards

    Significant failures were found in the project’s compliance with the environmental and social policies of the European Bank for Reconstruction and Development (EBRD) and the European Investment Bank (EIB)

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    27.04.2020 hot topic icon

    From the Caucasus to Russia: Why this road?

    To “better connect the Caucasus to Russia,” a new road project, Kvesheti-Kobi, is planned to be realized in Georgia. This road section will be part of a north-south corridor that passes the Caucasus and serves to connect the region to Russia

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    17.04.2020 hot topic icon

    Fears revive in the villages of Shuakhevi as one of Georgia’s biggest hydropower plants starts operation

    Georgia’s Shuakhevi hydropower plant (HPP), which once promised to bring energy independence to the country but collapsed soon after becoming operational in 2017, has come back to life. But its return has not been welcome

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    11.09.2019 hot topic icon

    Organizations address to Prime Minister to consider the threats of Kvesheti Kobi road to Russia

    Part of the Georgian non-governmental organizations addressed to the Prime-Minister of Georgia, the President of the Asian Development Bank, and the President of the European Bank of Reconstruction and Development

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    10.06.2019 hot topic icon

    In Georgia, leaked contract shows Nenskra hydropower project to cost country USD 60 million a year

    Prague, Tbilisi ­– A leaked contract between the Georgian government and the company behind the Nenskra hydropower project includes terms that indicate the project will incur massive losses for the state, according to a report

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    27.03.2019 hot topic icon

    Activists take Georgia’s environment ministry to court for green-lighting a mega hydropower project without an up-to-date environmental assessment

    In a petition filed on March 19, 2019 with the Tbilisi city court by the Human Rights Education and Monitoring Center (EMC) and Green Alternative, on behalf of local residents in the Upper Svaneti region, the civil society groups

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    31.07.2018 hot topic icon

    Devastating floods are the latest warning sign about controversial Nenskra hydropower project

    From the outside, this tragedy might seem like a natural disaster, a force majeure. But one cannot ignore the human factors at play. Community members in Georgia’s Upper Svaneti region and environmental groups

    • Blogs
    31.07.2018 hot topic icon

    Devastating floods are the latest warning sign about controversial Nenskra hydropower project

    • Dato Chipashvili

    From the outside, this tragedy might seem like a natural disaster, a force majeure. But one cannot ignore the human factors at play. Community members in Georgia’s Upper Svaneti region and environmental groups, worried about the impacts of unchecked hydropower development, have long been warning that decision makers are overlooking the unstable seismological, geological and hydrological conditions in the area.

    • Blogs
    04.12.2017 hot topic icon

    Price tag of Georgia’s Nenskra dam goes through the roof

    • Dato Chipashvili

    New information reveals the disproportionate price that Georgia’s government guarantees to pay for electricity from the Nenskra dam. The increasingly unfavourable economics strengthen calls to finally make the project’s contract publicly available.

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    04.12.2017 hot topic icon

    Price tag of Georgia’s Nenskra dam goes through the roof

    New information reveals the disproportionate price that Georgia’s government guarantees to pay for electricity from the Nenskra dam. The increasingly unfavourable economics strengthen calls to finally make the project’s contract publicly available

    • Blogs
    04.05.2017 hot topic icon

    Who really benefits from Georgia’s Nenskra hydropower plant?

    • Petr Hlobil

    Today the Asian Development Bank started its annual meeting and one of the projects that we will be discussing with the bank’s management and Board of Directors is a loan for the 280 megawatt Nenskra hydropower plant in the Svaneti region of Georgia. The ADB is planning to provide a loan of USD 176.70 million and a Political Risk Guarantee over USD 100.00 million for Nenskra, with a total cost of the project of USD 930 million.

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    20.04.2017 hot topic icon

    Public Information Interim Policy

    We are writing to seek clarification on the policy process concerning the review of Public information Interim Policy (PIIP) would lead in the coming months. We have learned recently that the Bank and Board are reviewing the PIIP internally following

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