This turned out to be a loan to Enron dressed up as an electricity contract, which had the effect of hiding the debt from Enron's investors.
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State-owned power generator Meridian Energy of New Zealand announced last week that Rio Tinto has approached it to renegotiate the electricity contract for its aluminium smelter at Bluff.
He gave big industrial customers the freedom to buy electricity under contract from the cheapest provider, or directly from the national grid at a spot price.
But even with foreign involvement, and even if a bankable electricity sales contract with Thailand is put in place, it would still be almost impossible for Laos to raise the necessary money.
E. for the 60-odd wind turbines that will go into the 99 mw wind project, which has a 20-year contract to supply electricity for the Public Service Company of Oklahoma.
Instead, they pay a monthly fee over a 10 or 20-year contract in exchange for the electricity the solar systems generate.
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The information on how much to contract is translated into pulses of electricity that are sent to each of the relevant muscles and bingo!
Also on the table were limits to the fat severance payments available to bureaucrats, and measures to speed the privatisation of telecoms, electricity, fisheries and the post office, and to contract-out the management of ports.
Siemens AG, a German company, is expected to get a contract to manage construction of the power island where the electricity is produced.
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They will bring forward a new support mechanism - a Contract for Difference - to provide long-term price certainty for low carbon electricity generation.
It has agreed a three-year contract with Glasgow-based Response UK to provide call centre staff handling its gas and electricity account holders.
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