Free Trial

Trade Finance Magazine Copying and distributing are prohibited without permission of the publisher

Dagachhu – ECA-backed financing

26 March 2010

Making hydro power waves in Bhutan

MLA: RZB
Project name: Dagachhu Hydro-electric Power Plant
Borrower: The Royal Government of Bhutan represented by the Ministry of Finance of the Kingdom of Bhutan
Amount: e41.2 million
ECA:  OeKB
Tenor: 15-years
Legal counsel:  RZB – in-house; Office of the Attorney General – Bhutan
Eqpt exporters:  Alstom Hydro Austria and Andritz Hydro

Few big trade deals come to the market in Bhutan, so when they do as in the case of this hydro-power financing by Austrian bank Raiffeisen Zentralbank Österreich (RZB), it...


Upcoming Events

Quote

So far, emerging markets have escaped the many problems that have troubled the developed world, but can they continue to do so?

Global economic uncertainties call for vigilance in trade credit management - Trade Finance Market Outlook 2012