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    Nenskra: new players, new risks

    More than a year after Salini Impregilo, a major construction company, mysteriously abandoned the Nenskra hydropower project before construction had even begun, new contractors are now said to have been hired to build Georgia’s biggest and most divisive hydropower project. According to South Korean media, Hyundai Engineering & Construction (Hyundai E&C) and Limak have won a USD 737 million tender to realize the Nenskra project.

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    IMPLEMENTATION AGREEMENT FOR THE NENSKRA HYDROELECTRIC PROJECT

    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 broadcast on 8 June by the national television station Rustavi 2.

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    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, 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.

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    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.

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    Systematic shortcomings will deprive people affected by Georgian dam of compensation

    An official assessment of land assets and livelihoods of people affected by the Nenskra hydropower plant in Georgia contains many mistakes and inaccuracies, as a report released today reveals. The shortcomings of the so-called Land Acquisition and Livelihood Restoration Plan, which is a prerequisite for public financing for the project, will cause severe damage to locals in the Svaneti region in Georgia.