Good post Doc. It is comfortably the fourth year for the Philippines. In Indo it is definitely longer.
Re LDs, an EPC contractor is never going to pay LDs for inability to achieve energisation (i.e. ability to export power to the grid) - this is the Principal's responsibility. Similarly a lack of export license in Indo is causing the delays there, again Principal's responsibility. The blame is squarely on EWC execs and their decision to invest without these critical agreements. Meanwhile these same execs have the gal to be progressing developments in America for EWI.
To the person who asked about PPA versus BOT concession. I am fully aware of the difference between the two. I believe it was Graham Elliot who last year stated it was a BOT on Sengkang, I am asking if anyone is aware of the date for the end of the concession.
EWC Price at posting:
35.0¢ Sentiment: Hold Disclosure: Held
(20min delay)
