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SJVN board rejects plans for $1 bn JV in Georgia

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  • Published On: February 08, 2011
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Hydropower utility Sutlej Jal Vidyut Nigam's plans to expand abroad to grow inorganically have hit a roadblock. The company's board has rejected a JV that SJVN was to form with British company Transelectrica for a $1 billion hydropower plant in Georgia.
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