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Turn-Around Management Contract for GSE, Georgia

The Project

ESB International was appointed as a consultant to take management control of the state-owned organisation GSE to minimise revenue losses and improve staff capabilities.  

After 5 years, GSE was turned into a profitable entity in a functioning market with good prospects.

Bridge in Georgia

Our Approach

  • The Challenge
    Improve billing and reduce system losses which exceeded 15%.  
  • The Solution
    Facilitate improvement of the billing system and install a new metering system to improve bill processing for customers. Introduce Debtor Management policies to recover bad debt, and to allow customers with large arrears to pay off their electricity debts. 

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What we delivered

We installed advanced metering architecture on each feeder which supplied the distribution companies in Georgia. Therefore, distribution companies could link metering data in real-time to the Tbilisi based central billing system, and issue bills seamlessly.

The Results

  • Increased revenue from $17M to $26M 
  • Increased cash collections from 54% to 74% 

What we do

We offer a comprehensive range of solutions for both public and private clients, right through the life cycle of their projects and the energy value chain.