Georgia Woos Tata for $600 Million Hydroelectric Power Plant

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India’s Tata Group may invest in a hydroelectric power project in Georgia after meetings with the Black Sea country’s billionaire Prime Minister Bidzina Ivanishvili, including in Davos, Switzerland.

“Tata expressed its interest and wish to invest here after a meeting with the prime minister in Davos and a prior visit to Georgia,” Mariam Valishvili, Georgia’s deputy energy and natural resources minister, said today by phone in Tbilisi.