The Georgian government has completed a conditional relief programme covering approximately GEL 1 billion in fines and penalties imposed on energy-sector projects.

Prime Minister Irakli Kobakhidze said 157 companies accepted the government’s proposal and will be allowed to continue projects representing a combined capacity of around 1,500 MW.

The measure is intended to revive delayed energy investments that had accumulated substantial financial penalties after failing to meet contractual development deadlines.

The relief is conditional rather than permanent. Companies benefiting from the programme must comply with revised project schedules. If they miss the new deadlines, the previously waived penalties may be reinstated.

Some companies did not participate in the arrangement. As a result, projects with a combined capacity of approximately 535 MW will be terminated, according to the Prime Minister.

The government first announced the initiative in December 2025, presenting it as a mechanism to separate projects that could still proceed from those unlikely to be implemented.

The authorities have not publicly disclosed the full list of companies and projects covered by the programme. It is therefore not yet possible to determine the technology mix, development stage or regional distribution of the 1,500 MW pipeline.

The decision could provide additional momentum to Georgia’s power-sector investment pipeline, but its practical impact will depend on whether the participating companies secure financing, meet their revised obligations and move their projects into construction.

The article is based on statements by Prime Minister Irakli Kobakhidze reported by BM.ge.