14 November 2006
ompany Independent Financial Advisor - Part 2
- Procure and install certain machine and equipment
used in power plants, design, construct, and test the
power plant (Onshore Construction Works).
The services in relation to
Onshore Construction Works
are provided by Mitsubishi Corporation itself.
With its long experience and technical expertise
in constructing
many types of power plants in many countries,
the Mitsubishi Consortium was able to complete
construction of the BLCP Power Plant Project
in line with the
construction schedule. Unit 1 of the BLCP Power
Plant Project begins to sell electricity to EGAT since
mid-August 2006, whereas Unit 2, currently under
the construction, is expected to begin its operation
according to the schedule. Moreover, after both units
of the BLCP Power Plant Project are taken over
by BLCP, the Mitsubishi Consortium is still responsible
for making good any defect in or damage to
any part of the facilities arising either from any defective
materials, workmanship or design,
or any act or omission of the Mitsubishi Consortium
for the period of 5 years after each unit is taken over.
The Mitsubishi Consortium will provide necessary
repairing services for the Project.