Tag: Take or Pay Agreement
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Gov’t ‘radical’ take or pay renegotiation will scare away investors — EIU report
The Economist Intelligence Unit (EIU) has described the government’s attempts of renegotiating power purchasing agreements signed under the previous administration as ‘radical’, arguing that the approach could scare aware potential investors. The business advisory firm in its latest country report said a radical revision of power contracts ie take or pay agreements, may not happen…