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Ten Companies Bid for Tbilisi Water

Ten companies, including French-based Veolia Water, are bidding for Tbilisi Water ? the water distribution company responsible for supplying potable water to the residents of the capital, according to the Georgian Economy Ministry.


Veolia is the world?s largest private water company, formerly known as Compagnie G?n?rale des Eaux.


Mtskheta water supply system, Gardabani sewage cleaning system and Zhinvali hydro power plant are also up for sale in the same package with Tbilisi Water. The water reservoir in Zhinvali is also used to supply the capital with potable water.


Other bidders include a subsidiary of Spain?s Fomento de Construcciones y Contratas (FCC), Aqualia; Israel?s Tahal Group; a consortium of Bank of Georgia and British BIwater Plc?s subsidiary, Cascal; Bond Group; Penta Investments; Green Lights Georgia; Multiplex Georgia and HIG.

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