当前位置: X-MOL 学术Asian Case Research Journal › 论文详情
Our official English website, www.x-mol.net, welcomes your feedback! (Note: you will need to create a separate account there.)
EXIM Bank’s Rampal Project Financing Dilemma
Asian Case Research Journal Pub Date : 2020-04-15 , DOI: 10.1142/s0218927519500093
D. Satish 1
Affiliation  

Export Import Bank of India (EXIM Bank) had agreed to finance a US$1.62 billion debt which constituted 70% of the capital needed to construct a controversial 1320 MW coal-based thermal power plant in Rampal, Bangladesh. The plant was located within 14 km of the Sundarbans, recognized by UNESCO as a world heritage site. According to environmentalists, the construction and operation of this plant would give rise to serious environmental, social, and governance issues which would have an adverse, irreversible, and unprecedented effect on the Sundarbans and its people.Amidst growing pressure from activists, Yaduvendra Mathur, Chairman and Managing Director of EXIM Bank, has to take a call on whether to go ahead with financing the project or not. The decision will not only involve assessing the financial impact of the Rampal exposure on the bank given the risks associated with the project, but also involve evaluating issues relating to financing fossil fuel exposure at a time when the financial community has taken climate change seriously and is decarbonizing its portfolios while investing in clean energy.

中文翻译:

进出口银行 Rampal 项目融资困境

印度进出口银行 (EXIM Bank) 已同意为 16.2 亿美元的债务融资,该债务占孟加拉国 Rampal 一座有争议的 1320 兆瓦燃煤热电厂所需资金的 70%。该工厂位于被联合国教科文组织认定为世界遗产的孙德尔本斯 14 公里范围内。根据环保主义者的说法,该工厂的建设和运营将引发严重的环境、社会和治理问题,这将对孙德尔本斯及其人民产生不利的、不可逆转的和前所未有的影响。在激进主义者 Yaduvendra Mathur 的压力下,进出口银行董事长兼董事总经理必须接听电话,决定是否继续为该项目融资。
更新日期:2020-04-15
down
wechat
bug