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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.
    Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

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    Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

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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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