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Signature(s)

Amount
€ 21,470,000
Countries
Sector(s)
Georgia : € 21,470,000
Water, sewerage : € 21,470,000
Signature date(s)
28/07/2017 : € 21,470,000

Summary sheet

Release date
22 March 2017
Status
Reference
Signed | 28/07/2017
20160585
Project name
Promoter - financial intermediary
TBILISI WASTE WATER AND INFRASTRUCTURE
Georgian Water and Power LLC
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
USD 25 million (EUR 23 million)
USD 51 million (EUR 46 million)
Location
Sector(s)
  • Water, sewerage - Water supply; sewerage, waste management and remediation activities
Description
Objectives

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.

Environmental aspects
Procurement

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.

Under ELM Guarantee

This operation is covered by the EU Political Risk Guarantee for EIB loans outside the EU.

Link to source

Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

Documents

Environmental and Social Data Sheet (ESDS) - GWP TBILISI WASTE WATER AND INFRASTRUCTURE
Publication Date
16 Jan 2019
Document language
Main Topic
Lending
Document Number
90230525
Document Focus
Environmental Information
Project Number
20160585
Sector(s)
Countries
Publicly available
Download now

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Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, the EIB can be contacted through its external offices.
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The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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