The World Bank requested a least cost power supply study for Georgia. The objective of the least-cost plan was to inform the Government on options for meeting future domestic and export power demand. The world Bank wanted several supply portfolios to be considered for the least-cost plan. The supply portfolios would take into account the existing hydropower potential in Georgia as well as other supply options such as CCGT, renewables, energy efficiency, and imports. The least cost plan would be determined by ranking each supply portfolio according to Long-Run Average Incremental Costs (LRAIC) and net present values. The final report would then provide the Government with a better understanding of the generation supply requirements in the coming years, along with a least cost plan for meeting these requirements, and a tariff impact analysis.