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European development bank aims to work with Tatas on potential Georgia project

The European Bank for Reconstruction and Development (EBRD) is in talks with the Tata Group on a potential hydro power project in Georgia. The EBRD, which invests mainly in the private sector in emerging Europe and North African countries like Egypt, Jordan, Morocco and Tunisia, said the talks were at a very early stage but may culminate this year. The bank's Kolkata-born president, Sir Suma Chakrabarti, will be following up ...
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