
Company

Bakhvi HPP is a development company created to implement Bakhvi 1 and Bakhvi 2 run-of-river hydropower plant projects along the Bakhvistskali River in Ozurgeti municipality. Investors of the company include CCEH (Caucasus Clean Energy Holding), Austrian Investment fund ILAG, and other field-specific investors from Austria and Georgia.
CCEH's investors comprise well-known financial institutions from America and European countries (including European Investment Bank [EIB], Dutch Development Bank [FMO], Austrian Development Bank [OeEB], etc.);
ILAG holds diverse business interests across several Western countries (notably, ILAG had financed the Aragvi Hydropower Plant in Georgia).
Brochure
The aim of Bakhvi HPP company is to build renewable energy hydropower plants. Specifically, it focuses on developing small and medium-sized hydropower plant projects Bakhvi 1 and Bakhvi 2 using established standards of leading European countries and the best Western experience.
The Bakhvi HPP company, in collaboration with its investors, establishes a shared vision and strategy aimed at achieving material success in the project's development through the implementation of a strong value system that predominantly implies positive outcomes in managing environmental and social concerns.

Mission, Vision, Strategy
- Constructing small and medium hydropower plants, adhering to the standards recognized in leading European countries and employing the best practices from the Western world;
- Reside in the energy self-sufficient country;
- Leverage renewable energies to drive the decarbonization efforts that is one of the ways to the mitigation of climate change.
- At the core of our business philosophy is a commitment to environmental, social, and economic sustainability. We undertake initiatives aimed at enhancing welfare of all individuals connected to our project, fostering their development and well-being, and creating a safe environment for them;
- Engaging in dialogue on important issues with all stakeholders and and impacted target groups thus contributing to the transparency of the project and involvement of the parties.
Safety
Priority No. 1
Teamwork
We attain success through mutual assistance, trust, and support
Ownership
We take pride in our work and hold ourselves responsible
Agility
We embrace change without fear
Decency
We treat others the way we wish to be treated ourselves
Courage
We act confidently for what matters to us

Our Team
The Bakhvi HPP team comprises highly skilled professionals with knowledge supported by many years of extensive experience in managing technical, environmental, and social aspects. Each team member possesses all the necessary skills to execute safe, impacful and sustainable projects, considering long-term interests of the investors and benefits for the society

Giorgi Abramishvili
Director, Bakhvi HPP Company

Archil Dzneladze
Technical Director, Bakhvi HPP Company

Andro Bregvadze
Chief Civil Engineer, Bakhvi HPP Company

Vakhtang Paresishvili
Chief Financial Officer, Bakhvi HPP Company

Natalia Kantaria
Financial Manager, Bakhvi HPP company

Nitsa Cholokashvili
Head of Public Relations and Communications, Bakhvi HPP Company

Giorgi Gagnidze
Deputy Project Manager – Electromechanical, Bakhvi HPP Company

Bizhan Heshmatiazar
Senior Advisor/Civil Engineer, Bakhvi HPP Company

Mikheil Natroshvili
Labor Safety Manager, Bakhvi HPP Company

Corporate Management
The aim of Bakhvi HPP company is to operate using established standards and best practices of top European countries. To ensure that the company has rational, efficient, and outcome-oriented management, retains flexibility for decision-making and prompt implementation of these decisions, thus contributing to its long-term success, we've established a system to regulate labor relations between the company's management and investors, as well as between employers and employees.
Both within and outside the company responsibilities are fairly divided between the General Director and the Supervisory Board. The company's management, its General Director, are responsible for the company's corporate management and completion of day-to-day tasks. Based on negotiations with the investors, the Supervisory Board was established, comprising the founders or their representatives. The Board consists of five members. It convenes once a month for a session.
The main principles related to the company's labor organization, administration and relations between employees are regulated by the company's bylaws and the code of ethics. The company is managed by the General Girector. There are six departments in the company: technical, legal, financial, environmental protection and social issues, public relations and labor safety. The human resources department is managed by the founding investor company.
Transparency, accountability, and business risk management form the foundation of this system.