EBRD continues to support the Enguri HPP rehabilitation project

 

The European Bank for Reconstruction and Development, together with the European Union, continues to support the Enguri HPP rehabilitation project. The EBRD writes on its official website.

 

"The EBRD loan of EUR 28 million and the EU grant of EUR 7.05 million will ensure the long-term structural stability of the Enguri HPP, while making the power generation process more reliable and sustainable," the European Bank for Reconstruction and Development said in a statement.

 

The EBRD, together with donor organisations, has been involved in the rehabilitation process of the Enguri HPP since 1998. A total of €205 million has been committed to the project.