Concession contracts for power generation
Engineering, Construction and Architectural Management
ISSN: 0969-9988
Article publication date: 1 January 1994
Abstract
Concession contracts provide a mechanism for transferring the traditional public sector client roles of market research, project appraisal, project financing, operation and maintenance, and revenue generation associated with power station projects to the private sector organizations, formerly only responsible for turnkey design and construction. The recent research work undertaken in the Project Management Group, UMIST, has developed and validated a mechanism for the rapid appraisal of concession contracts. A case study example is presented to illustrate the significant features of the procurement of power projects using concession contracts.
Keywords
Citation
MERNA, A. and SMITH, N.J. (1994), "Concession contracts for power generation", Engineering, Construction and Architectural Management, Vol. 1 No. 1, pp. 17-27. https://doi.org/10.1108/eb020990
Publisher
:MCB UP Ltd
Copyright © 1994, MCB UP Limited