Georgia Power Sector : Maximizing Finance for Development
The World Bank; Energy Sector Management Assistance Program (ESMAP)
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| Format: | Working Paper |
| Language: | English |
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World Bank, Washington, DC
2022
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| Online Access: | http://documents.worldbank.org/curated/en/099730006022222802/P1682550aaf216050aa5d0b97398b86338 http://hdl.handle.net/10986/37733 |
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okr-10986-377332022-07-22T05:10:34Z Georgia Power Sector : Maximizing Finance for Development Energy Sector Management Assistance Program The World Bank; Energy Sector Management Assistance Program (ESMAP) Over the past two decades, the leveraging of private-sector expertise and commercial capital has helped turn around Georgia’s power sector from near-complete operational and financial collapse to a sector that provides secure, affordable, and reliable electricity services to Georgian customers. However, the government may not be able to sustain the current model of financing of electricity sector investments given the expected public debt and fiscal impacts. This study develops recommendations for optimizing available financing for electricity generation and transmission investments while limiting the impacts on public finance needs and fiscal risks. To this end, the study presents: (i) a summary of the historical and required investment needs in the power generation and transmission segments; (ii) a review of the constraints to mobilizing private and commercial financing with limited impact on fiscal risks; and (iii) the development of a reform roadmap to enable sustainable financing of investments in electricity generation and transmission. The objectives of this study are to: (a) identify the obstacles to optimizing available financing for power generation and transmission investments while limiting the impacts on the public finances, and (b) present recommendations to overcoming those obstacles. 2022-07-21T14:48:25Z 2022-07-21T14:48:25Z 2022-05 Working Paper http://documents.worldbank.org/curated/en/099730006022222802/P1682550aaf216050aa5d0b97398b86338 http://hdl.handle.net/10986/37733 English ESMAP Papers; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: ESMAP Paper Europe and Central Asia Georgia |
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Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| geographic_facet |
Europe and Central Asia Georgia |
| relation |
ESMAP Papers; |
| description |
The World Bank; Energy Sector Management Assistance Program (ESMAP) |
| format |
Working Paper |
| author |
Energy Sector Management Assistance Program |
| spellingShingle |
Energy Sector Management Assistance Program Georgia Power Sector : Maximizing Finance for Development |
| author_facet |
Energy Sector Management Assistance Program |
| author_sort |
Energy Sector Management Assistance Program |
| title |
Georgia Power Sector : Maximizing Finance for Development |
| title_short |
Georgia Power Sector : Maximizing Finance for Development |
| title_full |
Georgia Power Sector : Maximizing Finance for Development |
| title_fullStr |
Georgia Power Sector : Maximizing Finance for Development |
| title_full_unstemmed |
Georgia Power Sector : Maximizing Finance for Development |
| title_sort |
georgia power sector : maximizing finance for development |
| publisher |
World Bank, Washington, DC |
| publishDate |
2022 |
| url |
http://documents.worldbank.org/curated/en/099730006022222802/P1682550aaf216050aa5d0b97398b86338 http://hdl.handle.net/10986/37733 |
| _version_ |
1764487806447517696 |