Telasi is an electricity distribution company of Tbilisi Georgia. In 1998 the company was privatized to AES Corporation whose efforts to repair and modernize the electrical grid of Tbilisi were documented in the film Power Trip by Paul Devlin. In 2003 AES sold Telasi to a Russian company Inter RAO UES. The Russian company paid $26 million to AES for Telasi and in return AES paid off $60 million of Telasi debt in effect paying Inter RAO UES $34 million to take Telasi off their hands.