Release date: 22 March 2017
Promoter – Financial Intermediary
Georgian Water and Power LLC
Modernisation of the water and wastewater infrastructure and waste-water treatment in Georgia's capital Tbilisi
The proposed financing would contribute to the reduction of public health risks and the improvement of living standards in Georgia's capital Tbilisi. It would enable investments in the improvement and extension of water supply and the rehabilitation of a Soviet-era wastewater treatment plant.
- Water, sewerage - Water supply; sewerage, waste management and remediation activities
Under ELM Guarantee
This operation is covered by the EU Political Risk Guarantee for EIB loans outside the EU.
Proposed EIB finance (Approximate amount)
USD 25 million (EUR 23 million)
Total cost (Approximate amount)
USD 51 million (EUR 46 million)
The project would contribute to the reduction of water leakages and reduction of energy consumption. It would also reduce discharges of insufficiently treated wastewater into surface water.
The Bank will require the promoter to ensure that any procurement procedures are done in accordance with the Bank's Guide to Procurement and the relevant applicable EU public procurement rules.
Signed - 28/07/2017
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).