Water shortages in North Cyprus are quite evident and both supply and demand policies to alleviate these shortages are urgently needed.This paper reports on an evaluation we have carried out on the financial feasibility of importing water by tanker from Manavgat (Turkey) to Kumkoy (North...

A Power Purchase Agreement (PPA) is at the heart of any BOT or BOO type power generation project that is to be undertaken by an Independent Power Producer (IPP). During the past decade privately owned IPPs selling electricity to the power industry has become common place. Such arrangements...

For most electric utility in developing countries the choice of generation technology, the type of financing that is available, the type of ownership of the facility, and electricity tariff policies are not independent variables. This paper reports on an integrated financial, economic and...

In the past, most evaluations of the electric utility investments have been based on the assumptions that the suppliers of electricity would provide the quantity of energy demanded at an acceptable level of reliability. The question addressed in most of the investment appraisals has been: “is...

The conventional treatment by the economic appraisal of investments has been to disregard the particular terms of foreign financing as a benefit or cost. This approach is being called into question as the private provision of public services has become dominated by foreign investors and...