Leaked World Bank report depicts Georgia’s Nenskra hydropower project as major liability
November 14, 2018
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.
Controversial dam project in Georgia abandoned by constructor
October 30, 2018
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.
Shuakhevi hydropower plant, Georgia
August 13, 2018
Georgia’s biggest and one of the most controversial hydropower plants is mostly famous for its failures. Two months after becoming operational in 2017 its tunnels collapsed. And after two years of repairs water is leaking from the dam. Shuakhevi hydropower plant (HPP) once promised to bring energy independence to Georgia. Instead it managed to collect an impressive ‘portfolio’ of problems in a wide range of areas: from biodiversity, to gender impacts, to community relations.
The European Parliament resolution urges European financial institution to respect indigenous peoples rights
August 9, 2018
Celebrate the rights of those 5 per cent who hold 80 per cent of the planet’s biodiversity. Today is the International Day of the World’s Indigenous Peoples.
How citizens battling a controversial gold mining project are testing Armenia’s new democracy
August 7, 2018
Can Armenia’s Velvet Revolution deliver change for communities struggling for their health, livelihoods and futures? Source: How citizens battling a controversial gold mining project are testing Armenia’s new democracy
Devastating floods are the latest warning sign about controversial Nenskra hydropower project
July 31, 2018
From the outside, this tragedy might seem like a natural disaster, a force majeure. But one cannot ignore the human factors at play.
Environmental problems of Shuakhevi Hydro Power Plant, Adjara, Georgia
July 23, 2018
The 184 MW Shuakhevi Hydro Power Plant is under construction on the Adjaristsqali river and two of its main tributaries in the Autonomous Republic of Adjara, Georgia. The design envisages it as a run-of-the-river plant with capacity of diurnal storage
Funding flows into Eurasian gas pipelines
July 13, 2018
The World Bank Group has issued a guarantee for a US$1.1bn syndicated loan for the huge Trans-Antolian Natural Gas Pipeline (Tanap), which is to transport gas from Azerbaijan to Europe. Source: Funding flows into Eurasian gas pipelines
Pipeline mired in controversy gets half a billion euros from European development bank
July 4, 2018
Brussels, London, Rome, Prague – Today the European Bank for Reconstruction and Development (EBRD) has approved a loan of EUR 500 million for the multi-billion euro Trans-Adriatic Pipeline (TAP) [1], in spite of the project failing to conform to the bank’s own policies and the fervent local resistance following the 878-kilometre pipeline where it crosses land in Greece and Albania before arriving onshore in Italy.
Nenskra Hydro Project – Update
June 29, 2018
The Asian Infrastracture Investment Bank is considering a non-sovereign loan of USD 100 million for a 280 MW reservoir-type hydropower plant, located in the Nenskra and Nakra valleys of Northwest Georgia. We would like to provide information about new developments that the AIIB should consider as part of its due dillgence on the project.
