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Complaint > GEORGIA - Jvari-Khorga Interconnection

Compliance Report: Compliance Review Report

...cash-flow position. JSL’s financial position was rechecked at the second stage of the tendering process. JSL is currently insolvent, but arrangements are due to be finalised imminently, which will either result in bankruptcy or in a takeover of the company by management. 12. At the time of the tendering process, JSL was listed among the top five Indian construction companies and had a very professional website identifying its track record of successfully completed infras...
EBRD Project Complaint Mechanism - Georgia