A toll-road or tunnel for which the concession agreement offering a appropriate to collect tolls/fares from the public or in which payments are made with the contracting authority dependant on use by the public.
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The terms EPC deal and turnkey agreement are interchangeable. EPC stands for engineering (style and design), procurement and building. Turnkey is predicated on the concept that in the event the operator usually takes obligation for the power all it will require to try and do is change The true secret and the ability will purpose as supposed.
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Power purchase agreement: typically used in electricity projects in emerging marketplaces. The purchasing entity will likely be a govt entity.
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Project financing from the developing globe peaked around the time on the Asian monetary disaster, but the following downturn in industrializing nations was offset by expansion while in the OECD international locations, creating throughout the world project financing to peak around 2000.
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