Inguri-Vardnili Output in Georgia Collapsed by Almost 40% in a Year

Analysts attribute the decline to possible technical limitations after summer power outages

In August 2026, electricity generation by the Inguri-Vardnili hydropower complex in Georgia decreased by 39.8% compared to the same month last year. The possible reason for the decline was named by analysts of the investment company Galt & Taggart in their electricity market review. According to their assessment, the complex's operation could have been affected by technical limitations that arose after large-scale power outages in the summer.

Against the backdrop of reduced Inguri-Vardnili output, other hydroelectric power plants increased electricity production. The output of regulated HPPs grew by 82%, and deregulated ones by 39.5%. Thermal power plants also took on an additional load on the energy system, helping to compensate for the reduction in hydro generation.

Image source: bizzone.info

In July and August 2026, several system failures occurred in Georgia, due to which electricity supply to a significant part of the country's territory was temporarily interrupted. However, a specific technical malfunction at Inguri HPP has not been officially confirmed. Therefore, the connection between the outages and the drop in output remains an analytical assumption by Galt & Taggart, rather than the result of a technical investigation.