United Energy System of Georgia
Concluded · Georgia
Source: World Bank Group
Ireland's ESB International (ESBI) in March 2003 officially assumed five years management of the United Energy System of Georgia (UES) after winning an international tender and signing a contract in May 2002. UES comprises the "Elektrodispetcherizatsia-2000" (energy dispatching) and "Elektrogadatsema" (energy transmitting) companies. The contract involves ESBI taking full executive control of the
- Status
- Closed
- Sector
- Power Generation (CCGT), Government
- Location
- Georgia
- Updated
- 22 Jul 2026
- Source
- World Bank Group
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Project Information
Participants
Sponsoring Agency | |
Company |
Status
Original status | concluded |
Taiyo status | Closed |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | Ireland's ESB International (ESBI) in March 2003 officially assumed five years management of the United Energy System of Georgia (UES) after winning an international tender and signing a contract in May 2002. UES comprises the "Elektrodispetcherizatsia-2000" (energy dispatching) and "Elektrogadatsema" (energy transmitting) companies. The contract involves ESBI taking full executive control of the 4500 staff state-owned organization with assets of over US$ 300 million, turnover of US$ 50 million. The total cost of the project is US$ 55.7 million, including US$ 27.4 million to be allocated by the Internatoional Development Association (IDA), US$ 12.4 million by German Credit Bank of Reconstruction (KfW) and Euro 1 million (US$ 1.1 million) provided by the European Bank for Reconstruction and Development (EBRD), the rest of the amount to be assigned by Georgia. The project concluded in December 2007. |
Original sector | Energy |
Location
Country | Georgia |
Source
Source | World Bank Group |
URL |
More Details
Record type | Project |
Sector | Power Generation (CCGT), Government |
Article published date | 2024-05-21 |
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