Tata Power, India's largest integrated power company, through Adjaristsqali Georgia LLC (AGL), its joint venture with Norway's Clean Energy Invest AS Norway (Clean Energy) and IFC InfraVentures (IFC), a member of the World Bank Group, hes completed construction of its 187 MW Shuakhevi Hydro Power Project (HPP) at a ceremony in Georgia. The Shuakhevi HPP is the largest hydropower plant to be built in Georgia over the past fifty years, and its project investment cost exceeded $420 million.
Around 730 Georgian citizens were employed in the plant construction. Post the launch of operations, the project will significantly contribute to Georgia's path toward energy independence. The power generated by the project will be exclusively sold within Georgia throughout the winter, which is a period of energy deficit.
Company Name | CMP |
---|---|
NTPC | 355.75 |
Tata Power | 436.75 |
Power Grid Corp | 292.60 |
Adani Power | 591.70 |
Torrent Power | 1489.95 |
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