Posted by: GP January 24, 2008
India will take away all water related projects in Nepal
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There are few concerns on this deal:

1. CopiCAT and like him others: Raising issues against a project, you should not try to stamp them as Royalists, and you don't need to support this deal just because you are a die hard Republican. You are obsessed with Republican Agenda.

2. This is a transition time. Interim government does not have any legitimate mandate to offer such a national interest project in this crucial period.

3. Did you technical and legal biz people in Nepal read the contract carefully? Remember how the Marsyngdi Project screwed up Nepal government for each blackout day in Nepal as compensation to them. How many corporate lawyers do we have? Did our lawyers checked each wording? So that we can stand by with contract on our side, or it is crafted in such a way that by the end of construction, Nepalis have to pay the compensation more than the free power you will get in next 100 years of project life time.

4. What happens if the dam breaks in the event of Earthquake, and down stream side people die ? Both Nepalis and Indians?

5. In the break of the power for some reason, who pays compensation to the industries whose productions are influenced by such power breakage?

6. What are conditions for contract cancellations or transferring of the contract to second party, in case the current contractor fails to perform on time? or it passes through financial troubles as it happened in Enron.

7. After the end of contract period, will the project belong to Nepal, or it will be dismantled and left as it is now?

Thanks.

GP

 

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