Indian company to invest in Georgian energy system
Georgian Prime Minister Bidzina Ivanishvili has met with the heads of the Indian company "TATA Group" on July 16.
The Georgian government press reported that Georgian Minister of Energy Kakha Kaladze and Minister for the Environment and Natural Resources Khatuna Gogaladze attended the meeting.
The sides discussed the construction of a hydroelectric power station on the Acharatskali River, in which "Tata Group" will invest $ 300 million. Issues of and opportunities for investing in the construction of other hydropower plants were also discussed.
"TATA Group" is largest Indian multinational diversified company with headquarters in Mumbai. It was founded in 1868. At present, it includes 100 companies that operate in 80 world countries.