introduction to power station project financing.pdfVIP

Berkeley Journal of International Law Volume 13 | Issue 1 Article 2 1995 Introduction to Power Station Project Financing Stephen Peppiatt Recommended Citation Stephen eppiatt, Introduction to Power Station Proj ect Financing, 13 Intl Tax Bus. Law. 46 (1995). Available at : /bjil/vol13/iss1/2 Link to publisher version (DOI) http://dx ./doi :10.15779/Z389H17 This Article is brought to you for free and open access by the Law Journals and Related Materials at Berkeley Law Scholarship Repository. It has been accepted for inclusion in Berkeley Journal of International Law by an authorized administrator of Berkeley Law Scholarship Repository. For more information, please contact jcera@. Introduction to Power Station Project Financing Stephen Peppiatt Shortage of electricityis an impediment to economic growth in the develop- ing countries of the FarEast and Pacific Rim. To build the requiredPower Stations, local governments depend upon the capital and expertise offoreign developers. This article is an introduction to Power Station Financingwith a focus on the specific issues that an Independent Power Project will particular confront in developing countries. four parts. PartI introduces the subject. PartH The article is divided into describes the players, structures and agreements involved in such a project. PartIllprovides a generaldescriptionof a PowerStation and the logisticsof its operation. Part IV identifies thepossible risks and risk allocationproblems associatedwith Power Station Projects and suggests ways of a