Economic Cost–Benefit Analysis of Nenskra Hydropower Project – Summary Report (2017) prepared for International Finance Corporation evaluates the economic viability of the proposed Nenskra Hydropower Project in Georgia. The analysis assesses whether the project’s economic benefits outweigh its costs over the plant’s lifecycle, considering investment costs, operating expenses, electricity generation benefits, and system-level impacts. The report concludes that the project is economically justified, as it would provide reliable baseload power, reduce dependence on electricity imports—particularly during winter months—and support long-term energy security. It also indicates that the proposed tariff is broadly consistent with the long-run marginal cost of power generation. Overall, the study presents the project as contributing positively to national welfare, though it acknowledges uncertainties related to assumptions, data quality, and the need for robust sensitivity analysis.
