Telasi Rehabilitation Project

EBRD is considering providing a loan of up to €25 million to JSC Telasi ("Telasi") to finance the company's investment needs for 2010 and 2011. Telasi is the electricity distribution and supply company that serves the Tbilisi region in Georgia.
Telasi’s investment program principally consists of the rehabilitation and expansion of its medium and low voltage network and the buildings and equipment at its substations as well as the introduction of a SCADA system (supervisory control and data acquisition) at medium voltage substations’ level to enable remote monitoring over the network. The main purpose of these investments is to improve the quality and reliability of supply and reduce losses in the distribution network.