Successive international analyses have cast serious doubts over the financial viability of the planned Nenskra plant. While the Georgian government keeps the project’s contract confidential, a leaked World Bank report offers a scathing account of the fiscal implications of this hydropower development.
Already mired by controversy, the billion dollar Nenskra hydropower plant is now facing another major hurdle as the company contracted to realize the project is now leaving it
Already mired by controversy, the billion dollar Nenskra hydropower plant is now facing another major hurdle as the company contracted to realize the project is now leaving it.
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
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.
The Asian Infrastracture Investment Bank is considering a non-sovereign loan of USD 100 million1 for a 280 MW reservoir-type hydropower plant, located in the Nenskra and Nakra valleys of Northwest Georgia
Protesters meet in Mestia to issue a petition that would block harmful infrastructural developments in Svaneti. Representatives of all 17 communities of Upper Svaneti gathered in Mestia
Comments on the Nenskra supplementary environmental and social studies. The revised supplementary studies for the Nenskra project fail to properly perform a cost/benefit analysis. It lacks an assessment of the energy efficiency alternatives
This briefing outlines the main issues with the Nenskra hydropower project shortly before both the European Bank for Reconstruction and Development and the European Investment Bank will decide on financing the project. The problems relate to
In January 2016 the Georgian government decided to exclude from the Bern Convention’s candidate Emerald Site “Svaneti 1” all territories that are part of the valleys of the Nenskra and Nakra rivers which are relevant for the construction of the Nenksra hydro power plant (HPP)
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.
