REQUEST FOR EXPRESSIONS OF INTEREST - Feasibility Study for Construction of Georgia-Romania Undersea Power and Digital Interconnection Project Reference No.: IBRD/ESRFRP/QCBS/05-2021


Project: Energy Supply Reliability and Financial RecoveryProject ID P169117

Assignment Title: Feasibility Study for Construction of Georgia-Romania Undersea Power and Digital Interconnection Project
Reference No. : IBRD/ESRFRP/QCBS/05-2021

Georgia has received financing from the World Bank toward the cost of the Energy Supply Reliability and Financial Recovery, and intends to apply part of the proceeds for consulting services.

The Georgian State Electrosystem JSC (hereinafter to referred to as the “Client”) is now seeking expressions of interest of Consulting Services for Feasibility Study for Construction of Georgia-Romania Undersea Power and Digital Interconnection Project.

The Georgian transmission network operator - Georgian State Electrosystem (GSE) – has a robust ten-year network development plan for 2020-2030 (TYNDP 2020-2030) aimed at further improvement of electricity supply reliability in the country and improvement of regional connectivity of the Georgian power system. One of the projects, which is currently being evaluated for inclusion in TYNDP, is the electric and digital interconnection between Georgia and Romania (GE-RO Interconnection Project). This Interconnection Project, which the Bank’s preliminary economic analysis confirmed to be viable, would create significant economic benefits for Southern Caucasus (SC) countries and Romania. In particular, the electric cable would allow SC countries to benefit from expanded export opportunities to Romania and broader South-Eastern Europe (SEE) considering the hourly energy market prices and import electricity during winter time periods at competitive rates thus reducing dependency on existing expensive imports and thermal generation.

The objectives of this assignment are to: (a) evaluate technical feasibility and economic viability of the Project; (b) define the Project considering technical, economic, environmental, social, and other relevant factors ; (c) develop a commercial framework and business models to operate the electric and Optical Fiber Cable (OFC) infrastructure; (d) develop a financing strategy including identification and evaluation of financing options and financing structures; and (e) prepare the required bidding documents for procurement of the contractor(s) and project management consultant with relevant experience to help the participating entities carry out technical supervision of the Project construction and compliance with contractual terms and conditions.

To achieve the specified objective, the Consultant shall carry out the following 6 key tasks. For tasks that require different set of activities for electric and OFC parts of the Project, the activities are structured separately.

  • Estimation of an Optimal Interconnection Capacity.
  • Technical Definition of the Project.
  • Power System Studies.
  • Evaluation of Project Construction Cost and Economic Analysis of the Project.
  • Evaluation of Financing Options of the Project and Financial Analysis.
  • Development of Implementation Plan, Procurement Strategy, and Preparation of Bidding Documents.

The tentative duration of the assignment is sixteen (16) months, commencing from September 2021.

The preliminary Terms of Reference (TOR) for the assignment is available on the below indicated link. The final Terms of Reference will be shared with the Consultant in the Request for Proposal.


GSE now invites eligible consulting firms ("Consultants") to indicate their interest in providing the Services. Interested Consultants should provide information demonstrating that they have the required qualifications and relevant experience to perform the Services.

The shortlisting criteria are:

  • General Experience of not less than 15 years in high voltage power transmission interconnection and OFC projects.  In the evaluation matrix the weight of the General Experience will be 20%, out of 100%.
  • Specific experience in preparation of Feasibility Studies for construction of undersea power and digital interconnection projects completed in the last 15 years (i.e. since January 2006);
    In the evaluation matrix the weight of the Specific Experience will be 80% out of 100%.

Key Experts will not be evaluated at the shortlisting stage.

Note: the GSE reserves it’s right to verify submitted references and use obtained information for evaluation purposes.

The attention of interested Consultants is drawn to Section III, paragraphs, 3.14, 3.16, and 3.17 of the World Bank’s “Procurement Regulations for IPF Borrowers” November 2020 (“Procurement Regulations”), setting forth the World Bank’s policy on conflict of interest.

Consultants may associate with other firms to enhance their qualifications, but should indicate clearly whether the association is in the form of a joint venture and/or a sub-consultancy. In the case of a joint venture, all the partners in the joint venture shall be jointly and severally liable for the entire contract, if selected.

Experience in the projects relevant to the assignment should be submitted in the Form N1, as provided on the following link:


The consultants are strongly advised to limit their Expression of Interest to 30 pages. Company brochures may be included as an Annex, and will not be affected by the limit of 30 pages.

A Consultant will be selected in accordance with the procedures set out in World Bank’s Guidelines: World Bank Procurement Regulations for IPF Borrowers”, dated November 2020 “Consultant’s Quality and Cost-based Selection (QCBS) method”

Expressions of Interest must be delivered in a written form to the address below in person, or send by e-mail, not later than the submission deadline, i.e. on or before May 14, 2021, 17:00 Georgian time.

Georgian State Electrosystem JSC,
2, Baratashvili Str., Tbilisi 0105, Georgia
Attn: Mr. Ucha Uchaneishvili
Chairman of the Management Board
e-mails: Guranda.maisuradze@gse.com.ge;