Project Finance: Practical Case Studies

In early 2001, with Emcali still under its control, the Superintendencia developed a series of proposals for the utility’s finan ...

At this point the continuing delay in resolution of Emcali’s financial difficulty was caused primarily by the opposing views of ...

restructure the terms of its PPA with TermoEmcali; renegotiate union agreements; restructure its debt with local financial inst ...

Chapter 4 Azito, Côte d’Ivoire Type of project 288 MW power plant and 225 kV transmission system. Country Côte d’Ivoire. Distinc ...

Project summary^1 Azito, the largest thermal power plant in West Africa, was financed partly through A and B loans from the Inte ...

that had also been involved in the water and sewer concession; Éléctricité de France (EDF), the French national utility; the gov ...

an independent operator that initially has responsibility for new public works in the elec- tricity sector but eventually is sl ...

Government’s objectives The government wanted to build on the success of the CIE and CIPREL concessions, increase the number of ...

How the financing was arranged Prior to the Azito financing, the government and the IFC had worked together on private sec- tor ...

The project buys natural gas, the primary fuel for the project, under a fuel supply con- tract with the government. The governme ...

economy in recent years. The mining and hydrocarbon sectors are considered to hold strong potential for the future. Côte d’Ivoir ...

with similar projects, experience in Côte d’Ivoire, risk-bearing capacity and insurance relationships to the project. The new s ...

Chapter 5 Dabhol Power Company, India Type of project Power station, port facilities for the importing of liquefied natural gas ...

Project summary The Dabhol power project consists of the development, construction and operation of a power station, port facili ...

Background India’s power sector Under the Indian Energy Supply Act 1948, the Central Electricity Authority was created to develo ...

Negotiations with Enron International power developers did not respond immediately to the new opportunities in the electricity s ...

In March 1993 the Mumbai hotel where the Enron team was staying was severely dam- aged by a bomb blast — an early indication of ...

In March 1996 the Congress Party fell from power in Maharastra and a new Shiv Sena chief minister wasted little time in setting ...

DPC and the MSEB established escrow arrangements to capture revenues from selected MSEB customers to support the MSEB’s payment ...

stake in the project to Entergy Corp., a utility based in New Orleans. The cost of the can- cellation to Enron was about US$75 m ...