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Poti Water Supply Project

Sector: Water Supply and Storage • Location: Georgia

Source: European Bank for Reconstruction and Development (EBRD)

Project
Complete

The project would consist of a sovereign loan of up to EUR 3.5 million, on-lent to the Company to finance improvements in the municipal water supply system by extending is pipeline to a more reliable source. The objective of the project is to enable the City water municipal Company to provide a 24/7 service to Poti inhabitants. The Poti Water and Wastewater Company was established as a limited lia

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Project Information

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The project “Poti Water Supply Project” is an infrastructure initiative in the Water Supply and Storage sector, located in Georgia. Taiyo aggregates data on it from European Bank for Reconstruction and Development (EBRD).

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Participants

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Company

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Status

Original status

complete

Taiyo status

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Description

Description

The project would consist of a sovereign loan of up to EUR 3.5 million, on-lent to the Company to finance improvements in the municipal water supply system by extending is pipeline to a more reliable source. The objective of the project is to enable the City water municipal Company to provide a 24/7 service to Poti inhabitants. The Poti Water and Wastewater Company was established as a limited liability municipal enterprise on 25 June 2002. The Company provides water and wastewater services in the City of Poti and the neighbouring communities with a total population of 70,000. It operates a 254 kilometre water network with one treatment plant, 38 pump stations, five potable water storage tanks, a reservoir, and a 45 kilometre sewerage network with 12 pumps. Sovereign loan of up to EUR 3.5 million on-lent to the Company. City of Poti contribution of up to EUR 1 million Grant finance of up to EUR 3.54 million Note: the Donor of the Grant component will be identified at a later stage. The Grant portion is needed in order to keep affordability within acceptable levels. Up to EUR 8 million. Screened B/0. The project offers the opportunity to improve drinking water supply in the City of Poti. Environmental due diligence needs to be carried out to identify current environmental conditions and to predict potential impacts of the rehabilitation of pumping stations and water supply network, and to assess the ability of the project to bring the facilities towards compliance with Georgian and EU environmental standards. It will also assess possible environmental liabilities associated with water facilities. The total Technical Co-operation to support the project includes:

Original sub-sector

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Original Currency

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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Article Published Date

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