Nenskra HPP (EBRD-46778)

Countries
  • Georgia
Where the impacts of the investment may be experienced.
Specific Location
Samegrelo-Zemo Svaneti region
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
Financial Institutions
  • Asian Development Bank (ADB)
  • Asian Infrastructure Investment Bank (AIIB)
  • European Bank for Reconstruction and Development (EBRD)
  • European Investment Bank (EIB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Proposed
Bank Risk Rating
U
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Nov 15, 2017
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
JSC Nenskra
The holder of the loan, grant, or other investment.
Sectors
  • Construction
  • Energy
  • Hydropower
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 214.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 1,083.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ EBRD website

Updated in EWS Jun 25, 2018

Disclosed by Bank Mar 17, 2017


Contribute Information
Can you contribute information about this project?
Contact the EWS Team

Project Description

This project finances the construction of a large dam on the Nenskra River measuring 130m, a reservoir, and a 280MW hydropower plant in the Mestia Muncipality of the Samegrelo-Zemo Svaneti region.

Investment Description
  • Asian Development Bank (ADB)
  • Asian Infrastructure Investment Bank (AIIB)
  • European Bank for Reconstruction and Development (EBRD)
  • European Investment Bank (EIB)
Private Actors
Contact Information

Full ESIA documentation is available locally at:
Nenskra HPP Office in Tbilisi: 6 Marjanishvili , floor 4
Irina Petriashvili 555 25 32 72
Nenskra Information Centers: Chuberi Center and Nakra:
Magradze Ana 598 42 12 02
Ansiani Giori 574 90 00 66
Gvarmiani Rodami 599 85 55 43

EBRD
Loretta Maritkian
Tel: +995 32 244 74 00
Fax: +995 32 292 05 12
Merani Business Center
31a Griboedov Street, 6th Floor
0108 Tbilisi, Georgia

For environmental and social enquiries:
Social Manager
6 Marjanishvili street, floor 4, Tbilisi Georgia
Email: info@nenskrahydro.ge
Website: www.nenskra.com
Tel: 0 322 430 421 from Georgia
+995 322 430 421 from Oversea

For general enquiries:
Communication Officer
6 Marjanishvili street, floor 4, Tbilisi Georgia
Email: info@nenskrahydro.ge
Website: www.nenskra.com
Tel: 0 322 430 421 from Georgia
+995 322 430 421 from Oversea

ACCOUNTABILITY MECHANISM OF EBRD
The Project Complaint Mechanism (PCM) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an European Bank for Reconstruction and Development (EBRD)-financed project. If you submit a complaint to the PCM, it may assess compliance with EBRD’s own policies and procedures to prevent harm to the environment or communities or it may assist you in resolving the problem that led to the complaint through a dialogue with those implementing the project. Additionally, the PCM has the authority to recommend a project be suspended in the event that harm is imminent. You can contact the PCM at pcm@ebrd.com or you can submit a complaint online using an online form, http://www.ebrd.com/eform/pcm/complaint_form?language=en. You can learn more about the PCM and how to file a complaint at http://www.ebrd.com/work-with-us/project-finance/project-complaint-mechanism.html.