Project Finance: Practical Case Studies Second Edition
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Cover 1 the Enron Story
Cover 1 The Enron Story: Controversial Issues and People s Struggle Contents Preface I. The Project and the First Power Purchase Agreement II. Techno-economic and Environmental Objections III. Local People“s Concerns and Objections IV. Grassroots Resistance, Cancellation of the Project and It“s Revival V. The Renegotiated Enron Deal and Resurgence of Grassroots Resistance VI. Battle in the Court VII. Alternatives to Enron Project Conclusions Appendices I Debate on Techno-economic objections II The Merits of the Renegotiated Project III Excerpts from the Reports of Amnesty International IV Chronology of Events Glossary The Enron Story, Prayas, Sept. 1997 Cover 3 Cover 4 The Enron Story, Prayas, Sept. 1997 (PRAYAS Monograph Series) The Enron Story: Controversial Issues and People s Struggle Dr. Subodh Wagle PRAYAS Amrita Clinic, Athavale Corner Karve Road Corner, Deccan Gymkhana Pune, 411-004, India. Phone: (91) (212) 341230 Fax: (91) (212) 331250 (Attn: # 341230) PRAYAS Printed At: The Enron Story, Prayas, Sept. 1997 For Private Circulation Only Requested Contribution: Rs. 15/- The Enron Story, Prayas, Sept. 1997 Preface cite every source on every occasion in such a brief monograph. But I am indebted for the direct and indirect help from many The Enron controversy has at least four major categories individuals (and their works) including, Sulbha Brahme, Winin of issues: techno-economic, environmental, social, and legal or Pereira and his INDRANET group, Samaj Vidnyan Academy, procedural. In the past, the Prayas Energy Group has concentrated Abhay Mehta, and many activists especially, Yeshwant Bait, its efforts mainly on the techno-economic issues. Many Ashok Kadam, and Arun and Vijay Joglekar. -
Request for Arbitration
REQUEST FOR ARBITRATION UNDER THE INVESTMENT INCENTIVE AGREEMENT BETWEEN THE GOVERNMENT OF THE UNITED STATES OF AMERICA AND THE GOVERNMENT OF INDIA 19 NOVEMBER 1997 - BETWEEN - THE GOVERNMENT OF THE UNITED STATES OF AMERICA (Claimant) THE GOVER1NMENT OF INDIA 0~espondent) November 4, 2004 UNDER THE INVESTMENT INCENTIVE AGREEMENT BETWEEN THE GOVERNMENT OF THE UNITED STATES OF AMERICA AND TIRE GOVERNMENT OF INDIA ) Govermnent of tile ) UNITED STATES OF AMERICA ) c/o Office of the Legal Adviser ) U.S. Department of State ) Washington, D.C. 20520 ) United States of America ) ) Claimant, ) ) and ) ) GOVERNMENT OF INDIA ) Honorable Mamnohan Singh ) Prime Minister ) c/o Ministry of External Affairs ) South Block ) New Delhi 110001 ) Republic of India ) ) Respondent. ) ) REQUEST FOR ARBITRATION 1. Pursuant to Article 6 of the Investment Incentive Agreement ("Bilateral Agreement" or "Agreement")t between the Govenwaent of tbe United States of America and the Government ~ Signed on November 19, 1997 and entered into force on April 16, 1998. A copy of the Bilateral Agreement is atlached hereto as Exhibit 1. Article 7(a) of the Bilateral Agreement provides that the Bilateral Agreement shall "replace and supersede the agreement between the United States of America and India on the Guaranty of Private Investments effected by exchange of notes signed at Washington on September 19, 1957 as supplemented by exchanges of notes signed at Washington on December 7, 1959 and at New Delhi on February 2, 1966 (the ’Prior Agreement’)." Article 7(a) further provides that any matter related to Investment Support provided under the Prior Agreement shall be resolved under the Bilateral Agreement, unless raised prior to entry into force of the Bilateral Agreement. -
Appropriate Assessment East Riding of Yorkshire Council
East Riding of Yorkshire Local Plan Allocations Document Habitat Regulations Assessment Stage 2- Appropriate Assessment East Riding of Yorkshire Council January 2014 Habitat Regulations Assessment Stage 2- Appropriate Assessment Habitat Regulations Assessment Stage 2- Appropriate Assessment Notice This report was produced by Atkins Limited for East Riding Council in response to their particular instructions. This report may not be used by any person other than East Riding Council without East Riding Council’s express permission. In any event, Atkins accepts no liability for any costs, liabilities or losses arising as a result of the use of or reliance upon the contents of this report by any person other than East Riding County Council. No information provided in this report can be considered to be legal advice. This document has 39 pages including the cover. Document history Job number: 5044788 Document ref: Client signoff Client East Riding of Yorkshire Council Project East Riding Proposed Submission Allocation Plan Document title Habitat Regulations Assessment Stage 2- Appropriate Assessment Job no. 5044788 Copy no. Document Habitat Regulations Assessment Stage 2- Appropriate Assessment reference Atkins East Riding of Yorkshire Core Strategy | Version 1.0 | 31 July 2013 | 5044788 Habitat Regulations Assessment Stage 2- Appropriate Assessment Habitat Regulations Assessment Stage 2- Appropriate Assessment Table of contents Chapter Pages 1. Introduction and Background 1 1.1. Background to this Assessment 1 1.2. Previous HRA Work 2 1.3. Background to the HRA Process Error! Bookmark not defined. 1.4. Structure of this Report 4 2. Methodology 5 2.1. Stage 1 Habitat Regulations Assessment - Screening 5 2.2. -
Exploring Corruption in Public Financial Management 267 William Dorotinsky and Shilpa Pradhan
Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized 39985 The Many Faces of Corruption The Many Faces of Corruption Tracking Vulnerabilities at the Sector Level EDITED BY J. Edgardo Campos Sanjay Pradhan Washington, D.C. © 2007 The International Bank for Reconstruction and Development / The World Bank 1818 H Street NW Washington DC 20433 Telephone: 202-473-1000 Internet: www.worldbank.org E-mail: [email protected] All rights reserved 2 3 4 5 10 09 08 07 This volume is a product of the staff of the International Bank for Reconstruction and Development / The World Bank. The findings, interpretations, and conclusions expressed in this volume do not necessarily reflect the views of the Executive Directors of The World Bank or the governments they represent. The World Bank does not guarantee the accuracy of the data included in this work. The boundaries, colors, denominations, and other information shown on any map in this work do not imply any judgement on the part of The World Bank concerning the legal status of any territory or the endorsement or acceptance of such boundaries. Rights and Permissions The material in this publication is copyrighted. Copying and/or transmitting portions or all of this work without permission may be a violation of applicable law. The International Bank for Reconstruction and Development / The World Bank encourages dissemination of its work and will normally grant permission to reproduce portions of the work promptly. For permission to photocopy or reprint any part of this work, please send a request with complete information to the Copyright Clearance Center Inc., 222 Rosewood Drive, Danvers, MA 01923, USA; telephone: 978-750-8400; fax: 978-750-4470; Internet: www.copyright.com. -
Allocations Document
East Riding Local Plan 2012 - 2029 Allocations Document PPOCOC--L Adopted July 2016 “Making It Happen” PPOC-EOOC-E Contents Foreword i 1 Introduction 2 2 Locating new development 7 Site Allocations 11 3 Aldbrough 12 4 Anlaby Willerby Kirk Ella 16 5 Beeford 26 6 Beverley 30 7 Bilton 44 8 Brandesburton 45 9 Bridlington 48 10 Bubwith 60 11 Cherry Burton 63 12 Cottingham 65 13 Driffield 77 14 Dunswell 89 15 Easington 92 16 Eastrington 93 17 Elloughton-cum-Brough 95 18 Flamborough 100 19 Gilberdyke/ Newport 103 20 Goole 105 21 Goole, Capitol Park Key Employment Site 116 22 Hedon 119 23 Hedon Haven Key Employment Site 120 24 Hessle 126 25 Hessle, Humber Bridgehead Key Employment Site 133 26 Holme on Spalding Moor 135 27 Hornsea 138 East Riding Local Plan Allocations Document - Adopted July 2016 Contents 28 Howden 146 29 Hutton Cranswick 151 30 Keyingham 155 31 Kilham 157 32 Leconfield 161 33 Leven 163 34 Market Weighton 166 35 Melbourne 172 36 Melton Key Employment Site 174 37 Middleton on the Wolds 178 38 Nafferton 181 39 North Cave 184 40 North Ferriby 186 41 Patrington 190 42 Pocklington 193 43 Preston 202 44 Rawcliffe 205 45 Roos 206 46 Skirlaugh 208 47 Snaith 210 48 South Cave 213 49 Stamford Bridge 216 50 Swanland 219 51 Thorngumbald 223 52 Tickton 224 53 Walkington 225 54 Wawne 228 55 Wetwang 230 56 Wilberfoss 233 East Riding Local Plan Allocations Document - Adopted July 2016 Contents 57 Withernsea 236 58 Woodmansey 240 Appendices 242 Appendix A: Planning Policies to be replaced 242 Appendix B: Existing residential commitments and Local Plan requirement by settlement 243 Glossary of Terms 247 East Riding Local Plan Allocations Document - Adopted July 2016 Contents East Riding Local Plan Allocations Document - Adopted July 2016 Foreword It is the role of the planning system to help make development happen and respond to both the challenges and opportunities within an area. -
A Yorkshire/Humber/Teesside Cluster
Delivering Cost Effective CCS in the 2020s – a Yorkshire/Humber/Teesside Cluster A CHATHAM HOUSE RULE MEETING REPORT July 2016 A CHATHAM HOUSE RULE MEETING REPORT Delivering Cost Effective CCS in the 2020s – Yorkshire/Humber/Teesside Cluster A group consisting of private sector companies, public sector bodies, and leading UK academics has been brought together by the UKCCSRC to identify and address actions that need to be taken in order to deliver a CCS based decarbonisation option for the UK in line with recommendations made by the Committee on Climate Change (i.e. 4-7GW of power CCS plus ~3MtCO2/yr of industry CCS by 2030). At an initial meeting (see https://ukccsrc.ac.uk/about/delivering-cost-effective-ccs-2020s-new-start) it was agreed that a series of regionally focussed meetings should take place, and Yorkshire Humber (which also naturally extended to possible links with Teesside) was the first such region to be addressed. Conclusions Reached No. Conclusion Conclusion 1.1 The existence within Yorkshire Humber of a number of brownfield locations with existing infrastructure and planning consents means that the region remains a likely UK CCS cluster region. Conclusion 1.2 Demise of coal fired power plants in the Aire Valley will see the loss of coal handling infrastructure and new handling facilities would need to be developed for biomass-based projects Conclusion 2.1 For Yorkshire Humber it is the choice of storage location that determines whether any pipeline infrastructure would route primarily north or south of the Humber. Conclusion 2.2 For Yorkshire Humber (and Teesside) there exist only 3 beach crossing points and two viable shipping locations for export of CO2 offshore (or for import, for transfer to storage). -
Electricity in India
prepa india 21/02/02 12:14 Page 1 INTERNATIONAL ENERGY AGENCY ELECTRICITY IN INDIA Providing Power for the Millions INTERNATIONAL ENERGY AGENCY ELECTRICITY IN INDIA Providing Power for the Millions INTERNATIONAL ORGANISATION FOR ENERGY AGENCY ECONOMIC CO-OPERATION 9, rue de la Fédération, AND DEVELOPMENT 75739 Paris, cedex 15, France The International Energy Agency (IEA) is an Pursuant to Article 1 of the Convention signed in autonomous body which was established in Paris on 14th December 1960, and which came November 1974 within the framework of the into force on 30th September 1961, the Organisation for Economic Co-operation and Organisation for Economic Co-operation and Development (OECD) to implement an Development (OECD) shall promote policies international energy programme. designed: It carries out a comprehensive programme of • To achieve the highest sustainable economic energy co-operation among twenty-six* of the growth and employment and a rising standard OECD’s thirty Member countries. The of living in Member countries, while maintaining basic aims of the IEA are: financial stability, and thus to contribute to the development of the world economy; • To maintain and improve systems for coping • To contribute to sound economic expansion in with oil supply disruptions; Member as well as non-member countries in • To promote rational energy policies in a global the process of economic development; and context through co-operative relations with • To contribute to the expansion of world trade non-member countries, industry and on -
79 Bus Time Schedule & Line Route
79 bus time schedule & line map 79 Hull - Hedon View In Website Mode The 79 bus line (Hull - Hedon) has 2 routes. For regular weekdays, their operation hours are: (1) Hedon: 7:00 AM - 4:00 PM (2) Hull: 7:39 AM Use the Moovit App to ƒnd the closest 79 bus station near you and ƒnd out when is the next 79 bus arriving. Direction: Hedon 79 bus Time Schedule 39 stops Hedon Route Timetable: VIEW LINE SCHEDULE Sunday Not Operational Monday 7:00 AM - 4:00 PM Hull Interchange, Hull Tuesday 7:00 AM - 4:00 PM Hull Truck Theatre, Hull Wednesday 7:00 AM - 4:00 PM Prospect Street B, Hull Thursday 7:00 AM - 4:00 PM Prospect Street, Kingston Upon Hull Friday 7:00 AM - 4:00 PM Albion Steet A, Hull Saturday Not Operational Bond Street B, Hull Silvester Street, Kingston Upon Hull Alfred Gelder Street A, Hull 79 bus Info Alfred Gelder Street D, Hull Direction: Hedon Hanover Square, Kingston Upon Hull Stops: 39 Trip Duration: 35 min St Mary's Church, Hull Line Summary: Hull Interchange, Hull, Hull Truck 50 Lowgate, Kingston Upon Hull Theatre, Hull, Prospect Street B, Hull, Albion Steet A, Hull, Bond Street B, Hull, Alfred Gelder Street A, Hull, King William House, Hull Alfred Gelder Street D, Hull, St Mary's Church, Hull, Market Place, Kingston Upon Hull King William House, Hull, Humber Street, Hull, Victoria Park, Victoria Dock, Chandlers Court, Humber Street, Hull Victoria Dock, Bridgegate Drive, Victoria Dock, Rotenhering Staith, Kingston Upon Hull Navigation Way, Victoria Dock, Siemens Factory, Victoria Dock, Earles Road, Victoria Dock, Victoria Park, -
Special Problems in Construction Loan
SPECIAL PROBLEMS IN THE CONSTRUCTION LOAN WORKOUT by Stanley P. Sklar Bell, Boyd & Lloyd, LLC THE CONSTRUCTION PROCESS - BASICS FOR THE LENDER. Introduction. Too often, the construction lender treats the construction loan as it would treat any other commercial loan, without anyone with significant background in the vagaries of the construction industry, ready to "pull the plug" should the loan become "out of balance." No construction loan should be undertaken by a lender without a clear understanding of the industry, the participants, the legal effect of loan and non-loan related documents, and the customs usually encountered in construction relationships. The initial point to start is with the non-loan documents. For the reasons set forth below, every lender should review and approve the format of the construction contracts and subcontracts, since, in the event of a default by the owner or the general contractor, it may wish to utilize the same contractor (in the event of owner default) and subcontractors (in the event of a general contractor default) to complete the project. This avoids delays resulting from having to re-bid the entire project or have the contract renegotiated to the lender's detriment. The lender must ask itself, at a minimum, the following questions: 1. If changes in concept or plan occur, is it to be consulted to determine the adequacy of the loan balance for completion of the project? 2. In the event of construction delays (which appear to be endemic in the construction process), are there sufficient funds to pay for cost overruns customarily associated with delays? 3. -
Construction Loan Package Checklist
CONSTRUCTION LOAN PACKAGE CHECKLIST The following items will be needed by Building Capital, Inc. to begin the construction loan approval process: FINANCIAL INFORMATION: Personal financial statement {Application} Pay stubs for the previous 30-day period Prior two year’s tax returns {With W-2’s} Last two months account statements {Checking, savings, stocks, & bonds} Prequalification letter {For long term financing} Self-employed borrowers with {Corporations, partnerships, LLC’s, LLP’s} • Business tax returns for the previous two years • Current balance sheet and profit and loss statement • Copy of valid photo identification DISCLOSURE AND AUTHORIZATION: Authorization to obtain credit information Consumer construction loan notice Notices and Disclosures for In-house Real Estate Loans CONSTRUCTION INFORMATION: Estimate of construction costs {with supporting bids} Plot plan Materials description form Blueprints / plans {two sets} General Contractor/Builder resume Site Supervisor resume {If applicable & is managing the project} Copy of General Contractor’s license, business license, & residential endorsement List of sub-contractors and suppliers Construction timeline Earnest money agreement on lot {If applicable} Proposed energy rating {Heat loss analysis} Soils and percolation test {If applicable} Zoning classification, architectural and CCR requirements Well log and septic permit {With health authority approval} Utility services {Available at the site} Appraisal {“As proposed” credit union will order} Proof of insurance {Hazard w/ course -
Mortgage Lender Liability - Construction Loans
DePaul Law Review Volume 38 Issue 1 Fall 1988 Article 3 Mortgage Lender Liability - Construction Loans Robert Kratovil Follow this and additional works at: https://via.library.depaul.edu/law-review Recommended Citation Robert Kratovil, Mortgage Lender Liability - Construction Loans , 38 DePaul L. Rev. 43 (1988) Available at: https://via.library.depaul.edu/law-review/vol38/iss1/3 This Article is brought to you for free and open access by the College of Law at Via Sapientiae. It has been accepted for inclusion in DePaul Law Review by an authorized editor of Via Sapientiae. For more information, please contact [email protected]. MORTGAGE LENDER LIABILITY-CONSTRUCTION LOANS Robert Kratovil* INTRODUCTION For centuries the question of lender liability in mortgage law has slumbered while other areas of the mortgage field were being vigorously explored. Now this area of the field has come to life. Plainly, in the near future many decisions will explore lender liability. This commentary will be confined to a very narrow issue in lender liability law, namely, the question of lender liability in a construction loan' where the lender elects to disburse the funds and mechanics' liens2 arise. The question here explored is the extent of the lender's liability to the landowner for negligent disbursement of construction funds, especially where this results in the attachment of mechanics' liens to the mortgaged land. To illustrate, an example: the construction lender disburses funds to the contractor who is building the borrower's house. But the bank has been inattentive and has paid bills for other projects out of the borrower's funds. -
Humber Gateway Offshore Wind Farm Non-Technical Summary of the Onshore Substation and Cable Spur Environmental Statement
Humber Gateway Offshore Wind Farm Non-Technical Summary of the Onshore Substation and Cable Spur Environmental Statement October 2009 2 3 Humber Gateway Offshore Wind Farm could generate enough energy to power up to 195,000 homes a year.* Contents 4 Who we are 5 All about this document 6 Description of the Humber Gateway project 10 The need for the project 10 Obtaining planning approval 10 The Environmental Impact Assessment (EIA) process 11 Scoping and consultation 12 Impacts of the onshore substation and cable spur 22 Cumulative and aggregate impacts 23 Summary Scroby Sands Offshore Wind Farm, Great Yarmouth. *Based on an annual average domestic household consumption of 4,725kWh (Source BERR). 4 Who we are E.ON Climate & Renewables UK Humber Wind Limited, an indirect wholly owned subsidiary of E.ON UK plc, has separately applied for consent to build and operate an offshore wind farm off the Holderness Coast of East Yorkshire. If consented, the wind farm will be known as the Humber Gateway Offshore Wind Farm. E.ON is one of the UK’s leading power and gas companies, generating and distributing electricity, and retailing power and gas. We generate around 10% of the UK’s electricity from coal, gas and oil-fired power stations, combined heat and power stations and renewable electricity generating plants. Our strategy recognises and embraces the importance of renewable energy and we have a growing portfolio of 21 wind farms, covering offshore and onshore. This includes two operational offshore wind farms at Blyth, Northumberland and at Scroby Sands, Norfolk. We’re currently constructing our third offshore wind farm, Robin Rigg in the Solway Firth.