71. About two-thirds of the money will go for a hydroelectric power project, subject to approval from the Asian Development Bank, which is co-financing the project. 72. Against the backdrop of such a situation, the power cell has decided to expedite negotiations with the companies which had made bids for different power projects. 73. Alternatives being studied include providing letters of credit, escrow accounts and insurance, said P. Abraham, an Indian government official in charge of power projects. 74. Among its investments in the past, only the power project in Genting Sanyen seems to have paid off so far. 75. Also, a giant U.S. power project in Western India has been blocked by a state government, citing environmental concerns. 76. An influential lawmaker who accused Prime Minister H.D. Deve Gowda of India of clearing a controversial power project was expelled from the party Friday, a news report said. 77. And it remains unclear when the government will make a final decision regarding the Enron power project. 78. An agreement on the power project was signed Sunday between W.E. Richards, president of the Canadian firm and Jamal Hussain, an official of the Energy Ministry. 79. APP, a subsidiary of Automan Sdn Bhd, will manage the independent power producer project and will also be responsible for engineering, procurement and construction. 80. Aside from the Patuha power project, CalEnergy has also signed contracts to develop geothermal power plants in Dieng, Central Java and Bedugul, Bali. |
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