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TBC Bank Launches Energy Project of 6 million

“Saguramo HES” is the 11th project funded by TBC Bank through the recent years. Energy sector has a great prospect in Georgia, so we will cooperate further to the companies operating in this sphere”, – David Tsikauri, Co-Head of Corporate Banking has declared.

TBC Bank solely funds  construction of “Saguramo HES”.

However, the HES will be put under the exploitation late in 2016. Installed capacity of the HES will be 4,4 mgwt, annual output – 32 million kwh. It will work with equal capacity, which might fill winter deficit.

It should be noted, that HES will be able to process clean water and the water should be used for Tbilisi supply.