• Title/Summary/Keyword: producer%27s risk

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Credit Enhancement and its Risk Factors for IPP Projects in Asia: An Analysis by Network

  • Chowdhury, Abu Naser;Chen, Po-Han
    • International conference on construction engineering and project management
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    • 2015.10a
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    • pp.122-126
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    • 2015
  • Credit enhancement is absolutely essential for financing Independent Power Producer (IPP) projects in Asia particularly for countries whose sovereign credit rating is on non-investment grade and foreign investment is difficult to achieve. Due to nexus of agreements among varies parties in IPP project, it is hard to clearly visualize the roles of these agreements. Examples are: What credit enhancement factors are most influential to minimize the associated risks of IPP projects? Why are they powerful? What are their roles? Who are less powerful and what are the obstacles that causes them less powerful? A research is conducted to identify the credit enhancement factors for IPP projects in Asia. IPP professionals validated 27 out of 28 identified credit enhancement factors, and five factor groupings were made through factor analysis. Afterwards, network theory is applied to find the unanswered questions, which by graphical and mathematical representations show that the host government's credit enhancement, MDBs, ECAs and other parties' credit enhancement are prominent and of great importance to handle the associated risks of IPP projects in Asia

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Design of Accelerated Life Test Sampling Plans for Exponential Distribution under Type II Censoring (지수수명분포에 대한 가속수명시험 샘플링검사방식의 설계: 제II종 관측중단의 경우)

  • Chun, Young Rok
    • Journal of Korean Society for Quality Management
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    • v.23 no.4
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    • pp.13-27
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    • 1995
  • This paper considers the design of life test sampling plans based on Type II censored accelerated life tests. The lifetime distribution of products is assumed to be exponential. An estimator of acceleration factor between use condition stress and an accelerated level of stress higher than use condition stress is assumed to be known. The critical value for lot acceptance and the number of failure before censoring which satisfy the producer's and consumer's risk requirements are determined. The properties of the proposed life test sampling plans are investigated.

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