ISET BA students visit National Energy and Water Supply Commission
Monday, 03 December, 2018

On December 3, ISET BA students visited the Georgian National Energy and Water Supply Regulatory Commission (GNERC). Revaz Geradze, Deputy Director of the Natural Gas Department, introduced the students to the mission of the GNERC and gave a presentation about the Investments Appraisal Rule, the objective of which is to develop the main principles and criteria for drafting, submitting, evaluating, approving and monitoring the investment projects for tariff setting purposes with regards to the electricity and natural gas sectors. This rule establishes the procedures for submitting an investment plan by the licensees of the electricity and natural gas sectors, its examining and agreeing, and also requirements for amending the investment plan and monitoring its implementation and subsequent reporting.