Misery continues for GE Ionics in Trinidad
- From: Vol 7, Issue 4 (April 2006)
- Category: General
- Region: Americas
- Country: Trinidad/Tobago
- Related Companies: Desalcott, GE Ionics and Hafeez Karamath Engineering
A Canadian forensic investigator’s report on corruption in the awarding of the Point Lisas desalination plant contract is a big setback for GE Ionics as it tries to negotiate a deal with Wasa on tariffs and liquidated damages.
Corruption allegations against Desalcott, the project company for the 130,000m3/d desalination plant at Point Lisas in Trinidad, have inflamed its ongoing dispute with the Water and Sewerage Authority (Wasa), the off-taker on the project.
The two sides have been in arbitration over tariff escalators since May 2004. They were working towards an agreement ahead of the end-March ...
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