Home / Tag Archives: Telasi

Tag Archives: Telasi

TELASI Records Major Rise in Profits over Past 5 Years

Over the past 5 years JSC TELASI recorded a major rise in profits. In 2016 the company’s net profits marked 38.8 million GEL. In 2015 the figure totaled 6.5 million GEL, in 2014 – 27 million GEL, in 2013 – the company losses made up 37.8 million GEL, while in …

Read More »

Whether Actions by KaztransGas and Inter RAO Damage Reputation of Georgia

INTER RAO has launched an investment dispute against Georgian Authorities to claim a compensation after GEL exchange rate depreciation. Moreover, KaztransGas has also sued Government of Georgia to London Arbitration Court. Businessman Fady Asly, president of International Chamber of Commerce – Georgia (ICC Georgia), also argues with Georgian Authorities. The …

Read More »

TELASI Company Installs Three Reverse Meters

TELASI company has already installed three reveres meters. Under amendments adopted in 2015, all subscribers are able to generate electricity themselves and sell excessive volume. Micropower electricity stations  are required to this end (solar panels of about 110 kw/h, wind generators and micro HPPs). According to changes to GNERC resolution …

Read More »

Electricity Price will not Rise Due to GEL Volatility

Georgian National Energy and Water Supply Regulatory Commission (GNERC) has launched public administrative procedures for defining electricity distribution, transit and consumption tariff for JSC TELASI. Amid the depreciation of the GEL exchange rate, electricity tariffs are expected to rise. The market exchange rate has already dropped to 2.45 points. Energy …

Read More »

Georgian Consumer Started Excessive Electricity Sales

“The Georgian consumer has started sales of excessive electricity generated”, the project was launched several months ago and the electricity has been already supplied to first clients. The GNERC member Giorgi Fangani told the Business Contact that Ilia State University spares 23 000 GEL thanks to solar panels’ power. The …

Read More »

Electricity Tariff for Tbilisi to be Established Today

A preliminary public hearing of calculation of normative electricity  losses at Telasi distribution network will be held at the Georgian National Energy and Water Supply Regulatory Commission (GNERC) today. Telasi insists on increasing the tariff by 4-5 tetri per 1 kWh for all consumers. The Georgian energy generators explain price increases …

Read More »