Source document: https://docs-lawep.s3.us-east-2.amazonaws.com/1698058782559.pdf (Georgia)
On-lendings from External Financial Resourses in Credit Currency (as of December 31, 2022) Company/Organization Name of Project Donor Commitmen t date Curr ency Commitment Amount Disbursed Amount Restructured Part of the Principal Amount of the Loan Repaid Principal Repaid Interest Principal arrears Outstanding Outstanding in GEL JSC ProCredit Bank Microkedit Bank of Georgia KFW 3-Sep-99 EUR 1,810,353 1,810,353 1,448,154 733,925 362,199 1,044,727 LLC Gerogian Water and Power Georgian Energy Sector Rehabilitation Support KFW 1-Dec-03 EUR 190,025 190,025 102,694 26,746 87,331 251,897 JSC Georgian State Electrosystem (GSE) JSC Georgian State Electrosystem (GSE) Sector Program Power Supply* KFW 3-Jul-06 EUR 8,313,250 8,313,250 736,136 3,708,836 921,203 3,868,278 11,157,661 Regional Power Network Rehabilitation I * KFW 14-Aug-06 EUR 10,000,000 10,000,000 461,110 7,473,536 1,382,860 2,065,354 5,957,308 Batumi City Hall Batumi City Hall Batumi Municipal Infastructure Rehabilitation - Phase I Batumi Municipal Infastructure Rehabilitation - Phase I - Restructured part KFW 9-Mar-07 EUR 17,079,043 17,079,043 852,000 2,556,000 1,566,531 13,671,043 39,432,757 KFW 14-Jul-20 EUR 852,000 852,000 6,390 852,000 2,457,509 JSC KHRAMHESI-2 Power Rehabilitation Project (KHRAMI) JICA 17-Dec-08 JPY 2,954,862,209 2,954,862,209 2,668,907,781 540,059,924 285,954,428 5,860,636 LTD Saqaeronavigatsia Air Navigation for Tbilisi International Airport Ministry of Finance and Economy of Ajara Batumi Municipal Infastructure Rehabilitation -
 Phase II -Khelvachauri Batumi City Hall Batumi City Hall Batumi City Hall Batumi Municipal Infastructure Rehabilitation - Phase II Batumi Municipal Infastructure Rehabilitation - Phase II - Restructured part I Batumi Municipal Infastructure Rehabilitation - Phase II - Restructured part II NATIXI 30-Jan-09 EUR 4,690,000 4,690,000 2,906,620 587,529 1,783,380 5,143,981 KFW 6-Apr-09 EUR 6,700,000 6,700,000 4,019,400 1,216,140 2,680,600 7,731,923 KFW 6-Apr-09 EUR 38,299,258 38,299,258 5,106,800 17,873,800 6,573,834
 15,318,658 44,185,137 KFW 14-Jul-20 EUR 5,106,800 5,106,800 1,276,700 102,136 3,830,100 11,047,540 KFW 1-Feb-22 EUR 1,276,700 1,276,700 1,276,700 3,682,513 LLC Energotrans High Voltage Transmission Line_ EIB EIB 16-Jul-10 EUR 82,476,265 82,476,265 32,718,501 4,236,048 49,757,763 143,521,293 LLC Energotrans Black Sea Energy Transmission Line_ EBRD EBRD 16-Jul-10 EUR 59,193,645 59,193,645 38,059,120 5,025,115 21,134,525 60,960,425 Ministry of Finance and Economy of Ajara Adjara Solid Waste Project EBRD 20-Jul-10 EUR 3,000,000 3,000,000 1,479,220 182,629 1,520,780 4,386,537 Company/Organization Name of Project Donor Commitmen t date Curr ency Commitment Amount Disbursed Amount Restructured Part of the Principal Amount of the Loan Repaid Principal Repaid Interest Principal arrears Outstanding Outstanding in GEL LTD United Water Supply Company of Georgia Urban Service Improvement Investment Program - Project 1 LTD United Water Supply Company of Georgia Urban Service Improvement Investment Program - Project 1- Restructured part LTD Enguhesi LTD Enguhesi Vardnili and Enguri Hydro Rehabilitation Project Vardnili and Enguri Hydro Rehabilitation Project - Restructured part ADB 30-Jun-11 SDR 48,482,238 48,482,238 8,259,925 6,194,944 1,141,276 34,027,370 122,360,377 ADB 19-Mar-21 SDR 8,259,925 8,259,925 92,924 8,259,925 29,702,192 EIB 20-Jul-11 EUR 23,500,000 23,500,000 4,615,385 1,541,184 1,010,470 17,343,432 50,025,394 EIB 28-Jul-20 EUR 4,615,385 4,615,385 16,239 4,615,385
 13,312,615 LTD United Water Supply Company of Georgia Borjomi Water ProjectI EBRD 12-Aug-11 EUR 1,532,199 1,532,199 1,457,905 83,351 74,294 214,294 LTD United Water Supply Company of Georgia Urban Service Improvement Investment Program - Project 2 LTD United Water Supply Company of Georgia Urban Service Improvement Investment Program - Project 2 - Restructured part Batumi City Hall Batumi City Hall Batumi City Hall Rehabilitation of Municipal Infrastructure III Ph (Water) Rehabilitation of Municipal
 Infrastructure III Ph (Water) -Restructured part I Rehabilitation of Municipal Infrastructure III Ph (Water) -Restructured part II ADB 13-Jan-12 SDR 22,949,588 22,949,588 4,174,504 2,087,252 442,995 16,687,832 60,008,440 ADB 19-Mar-21 SDR 4,174,504 4,174,504 62,618 4,174,504 15,011,265 KFW 15-Feb-12 EUR 20,000,000 20,000,000 3,479,000 9,561,000 2,564,829 6,960,000 20,075,424 KFW 14-Jul-20 EUR 3,479,000 3,479,000 870,000 127,848 2,609,000 7,525,400 KFW 1-Feb-22 EUR 870,000 870,000 18,270 870,000 2,509,428 LTD United Water Supply Company of Georgia Water Infrastructure Modernisation EIB 4-May-12 EUR 39,428,241 39,428,241 3,919,807 6,974,807 2,293,912 28,533,626 82,302,392 LTD United Water Supply Company of Georgia Water Infrastructure Modernisation - Restructured part Batumi City Hall Rehabilitation of Municipal Infrastructure III Ph (Stormwate) EIB 19-Mar-21 EUR 3,919,807 3,919,807 15,829 3,919,807 11,306,293 KFW 8-Oct-12 EUR 6,988,339 6,988,339 149,000 169,761 6,839,339 19,727,389 LTD United Water Supply Company of Georgia Water Infrastructure Modernisation II EIB 26-Nov-13 EUR 35,240,031 35,240,031 2,740,171 1,161,295 3,353,936 31,338,566 90,392,959 LTD United Water Supply Company of Georgia Water Infrastructure Modernisation II - Restructured part EIB 19-Mar-21 EUR 2,740,171 2,740,171 42,896 2,740,171 7,903,749 Company/Organization Name of Project Donor Commitmen t date Curr ency Commitment Amount Disbursed Amount Restructured Part of the Principal Amount of the Loan
 Repaid Principal Repaid Interest Principal arrears Outstanding Outstanding in GEL JSC Georgian State Electrosystem (GSE) Jvari Khorga Transmission Line EBRD 26-Feb-14 EUR 25,205,000 24,794,757 11,230,320 1,572,542 13,564,437 39,125,261 LTD United Water Supply Company of Georgia Urban Service Improvement Investment Program - Project 3 LTD United Water Supply Company of Georgia Urban Service Improvement Investment Program - Project 3 - Restructured part ADB 7-Mar-14 SDR 64,205,000 54,097,809 12,841,000
 12,841,000 230,538 28,415,809 102,181,540 ADB 19-Mar-21 SDR 12,841,000 12,841,000 128,410 12,841,000 46,175,464 JSC Georgian State Electrosystem (GSE) Regional Power Transmission Enhancement ADB 17-Mar-14 SDR 30,981,000 30,981,000 5,163,504 2,280,492 25,817,496 92,838,163 JSC Georgian State Electrosystem (GSE) Open Programme Extension Transmission Network Georgia KfW 29-Apr-14 EUR 35,000,000 33,838,632 18,882,000 3,672,306 14,956,632 43,140,910 LTD Solid Waste Management Company of Georgia JSC Georgian State Electrosystem (GSE) Integrated Solid Waste Management Kutaisi KFW 3-Jun-14 EUR 20,000,000 2,786,551 2,786,551 672,498 0 Transmission Grid Strengthening Project IBRD 23-Dec-14 USD 59,000,000 59,000,000 6,324,033 59,000,000 159,418,000 LTD United Water Supply Company of Georgia Urban Service Improvement Investment Program - Project 4 LTD United Water Supply Company of Georgia Urban Service Improvement Investment Program - Project 4 - Restructured part ADB 26-Mar-15 USD 108,000,000 83,506,819 4,695,652 649,921 78,811,167 212,947,773 ADB 19-Mar-21 USD 4,695,652 4,695,652 24,494 4,695,652 12,687,652 LTD Solid Waste Management Company of Georgia Kvemo Kartli Solid Waste Project EBRD 12-Nov-15 EUR 4,300,000 511,450 117,435 159,601 394,016 1,136,499 LTD United Water Supply Company of Georgia Urban Service Improvement Investment Program - Project 5 LTD United Water Supply Company of Georgia Urban Service Improvement Investment Program - Project 5 - Restructured part
 LTD United Water Supply Company of Georgia Urban Service Improvement Investment Program - Project 5 ADB 29-Jan-16 SDR 23,005,000 18,359,347 4,601,000 1,150,250 425,900 12,608,097 45,337,957 ADB 19-Mar-21 SDR 4,601,000 4,601,000 92,020 4,601,000 16,544,919 ADB 29-Jan-16 USD 43,000,000 31,003,127 31,003,127 83,770,450 LTD United Water Supply Company of Georgia Kutaisi Waste water Project EIB 15-Feb-16 EUR 100,000,000 1,000,000 11,467 1,000,000 2,884,400 LTD Kobuleti water Kobuleti Waster Water Poject EBRD
 28-Mar-16 EUR 3,540,822 3,540,822 2,081,825 185,525 1,458,997 4,208,330 Batumi City Hall Batumi City Hall Rehabilitation of Municipal Infrastructure Facilitates in Batumi, Phase IV Rehabilitation of Municipal Infrastructure Facilitates in Batumi, Phase IV - Restructured part I KFW 16-May-16 EUR 30,000,000 30,000,000 4,284,000 2,856,000 1,390,441 22,860,000 65,937,384 KFW 14-Jul-20 EUR 4,284,000 4,284,000 1,428,000 70,686 2,856,000 8,237,846 Company/Organization Name of Project Donor Commitmen t date Curr ency Commitment Amount Disbursed Amount Restructured Part of the Principal Amount of the Loan Repaid Principal Repaid Interest Principal arrears Outstanding Outstanding in GEL Batumi City Hall Rehabilitation of Municipal Infrastructure Facilitates in Batumi, Phase IV - Restructured part II KFW 1-Feb-22 EUR 1,428,000 1,428,000 1,428,000 4,118,923 Tbilisi City Hall Tbilisi Bus Project EBRD 21-Jul-16 EUR 27,000,000 26,999,995 13,500,000 1,342,745 13,499,995 38,939,386 Municipal Development Fund of Georgia Georgia Solid Waste Management Project EBRD 28-Sep-16 GEL 27,922,005 27,922,005 14,117,690 11,684,950 189,653 13,804,315 13,804,315 LLC Energotrans Black Sea Energy Transmission Line_ KFW(Rescheduled) LTD United Water Supply Company of Georgia Urban Service Improvement Investment Program - Project 6 LTD Solid Waste Management Company of Georgia Rustavi Soild Waste Management Project JSC Georgian State Electrosystem (GSE) Open Programme Extension Transmission
 Network II KFW 30-Dec-16 EUR 76,854,131 76,854,131 13,000,000 29,671,904 63,854,131 184,180,855 ADB 24-Feb-17 USD 94,000,000 49,207,562 49,207,562 132,958,833 EBRD 23-Mar-17 EUR 1,132,707 1,132,707 932,400 38,692 200,307 577,766 KFW 7-Jul-17 EUR 125,000,000 11,406,418 5,952,000 2,701,573 5,454,418 15,732,724 LEPL Georgian Technical University Geo Research Institute for Energy & Hidrotechnics UniCredi t Bank Austria 20-Jul-17 EUR 7,000,000 7,000,000 362,786 7,000,000 20,190,800 Batumi City Hall Batumi Bus Project
 EBRD 14-Sep-17 EUR 5,500,000 5,275,975 1,750,880 183,130 3,525,096 10,167,786 LTD Enguhesi LTD Enguhesi LTD Enguhesi Servicing Liabilities Relates to Enguri Hydroreabilitation Project Enguri HydrO Power Plant Rehabilitation Project III Enguri HydrO Power Plant Rehabilitation Project III - Restructured part EBRD 9-Nov-17 GEL 37,023,382 37,023,382 9,743,000 6,695,330 27,280,382 27,280,382 EBRD 9-Nov-17 EUR 17,509,200 17,509,200 5,002,629 626,913 12,506,571 36,073,954 EBRD 28-Jul-20 EUR 5,002,629 5,002,629 47,594 5,002,629 14,429,582 LTD Enguhesi Enguri HPP-Climate Resilience Upgrade EBRD 1-May-18 EUR 38,000,000 35,107,352 1,092,000 1,161,160 34,015,352 98,113,882 LTD Solid Waste Management Company of Georgia Integrated Solid Waste Management Program II KFW 1-May-18 EUR 30,000,000 3,002,800 1,428,000 659,932 1,574,800 4,542,352 Tbilisi City Hall Tbilisi Solid Waste Project EBRD 6-Mar-19 EUR 18,030,000 9,890,740 217,223 299,805 9,673,517 27,902,292 Ministry of Finance and Economy of Ajara Adjara- Rural Water Supply and Waste Water Programme KFW 8-Apr-19 EUR 40,000,000 3,238,197 790,792 3,238,197 9,340,257 Company/Organization Name of Project Donor Commitmen t date Curr ency Commitment Amount Disbursed Amount Restructured Part of the Principal Amount of the Loan Repaid Principal Repaid Interest Principal arrears Outstanding Outstanding in GEL JSC Georgian State Electrosystem (GSE) Energy Supply Reliability and Financial Recovery Project IBRD 15-Nov-19 EUR 62,000,000
 22,693,222 600,781 22,693,222 65,456,331 Tbilisi City Hall Tbilisi Bus Second Project EBRD 6-Mar-20 EUR 80,000,000 58,085,973 1,484,726 58,085,973 167,543,181 Municipal Development Fund of Georgia Georgian Urban Transport Enhancement Programme EBRD 23-Mar-20 GEL 18856913 € Eq.
GEL 73,337,360 11,245,475 73,337,360 73,337,360 Tbilisi City Hall Tbilisi Metro Project EBRD 8-Jul-20 EUR 75,000,000 500,000 639,681 500,000 1,442,200 JSC Georgian State Electrosystem (GSE) KFW_Open Programme Energy Sector KFW 28-Jul-20 EUR 100,000,000 854,861 0 LTD United Water Supply Company of Georgia Communal Infrastructure for Environment and Tourism (Tranches A&B) LTD United Water Supply Company of Georgia Sustainable Water Supply and Sanitation Development Project LTD United Water Supply Company of Georgia Water supply and sewerage service improvement project in Khashuri and nearby settlements KFW 13-Jan-21 EUR 130,000,000 1,700,050 1,226,185 1,700,050 4,903,623 ADB 31-Mar-21 EUR 17,740,000 5,311,245 5,311,245 15,319,755 AFD 1-Oct-21 EUR 58,000,000 890,944 0 Tbilisi City Hall Tbilisi Municipal Services Project.
EBRD 22-Nov-21 EUR 9,600,000 96,000 37,544 96,000 276,902 JSC Georgian State Electrosystem (GSE) Georgian Energy Network Strengthening Project EBRD 28-Apr-22 EUR 35,000,000 3,728,566 315,459 3,728,566 10,754,675 Tbilisi City Hall Sustainable Ueban Mobilitty KFW 28-Nov-22 EUR 47,000,000 470,000 0 2,793,160,122 *The rehabilitated amounts were converted into GEL at the relevant exchange rate of 20 Aug 2008, without accrual of interest, in accordance with the rehabilitation plan of 20 Nov 2008.
(Act between MOF and GSE dated 21 Sep 2020, Judgment of the Civil Cases Panel of the Tbilisi City Court dated 24 June 2020, Creditors' Claim Registry dated 19 March 2019, Letter of the Minister of Finance of Georgia – N 08-01/7857, dated 20 Aug 2008) Note: Exchange rate at given date