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Daily News: Business
December 17, 2014


INVESTMENT OF $45M TO BE MADE IN HYDROELECTRIC STATION’S CONSTRUCTION ON MESTIACHALA RIVER

Sakartvelos Banki (Bank of Georgia) declared that investment of $45 million will be made in construction of hydroelectric station on river Mestiachala in Zemo Svaneti region.

Respective memorandum was signed today in Tbilisi between Galt&Taggart (investment arm of the bank), Georgian Energy Ministry and Austrian energy producing company RP Global.

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