The legal structure of the HPP investments on risk mitigation in WBs

The legal structure of the HPP investments on risk mitigation in WBs

Research
The legal structure of the HPP investments on risk mitigation in WBs Annalise by Dr Lorenc Gordani Legal Adviser in Albania Energy Market [pj-news-ticker] The use of PPP normally is seen has a way to the financing of infrastructure and industrial projects based upon the cash flows of the project given (project finance). The contracts are granted, according to the concession law (concession granting contract (public contract)) or following public procurement procedure (as a public procurement contract). Then, the operator finances the construction of the power plant and benefits from fees (or tariffs) paid along the operation of the plant. The subjects and rights of PPP are clearly identified: the ministry responsible for energy acts as the Contracting Authority. The law contains provisions that reassure a fair and transparent procedure…
Read More