Author Archives

Unknown's avatar

Other News Sources

Unplugging Thailand, Myanmar energy deals

(November 13, 2006) Thai Energy Minister Piyasvasti Amranand says he intends to scrap the previous government’s controversial multi-billion dollar plans to ramp up imports of hydroelectric power and natural gas from neighboring military-run Myanmar, signaling a potentially significant shift in which direction the region’s energy flows and a possible new era of bilateral antagonism between the historical rivals.

WB blacklists Bhasha dam surveyors

(November 12, 2006) The World Bank blacklisting of Lahmeyer International has jeopardized the future of a dam scheme the company is working on in Pakistan; although widely reported by the media, Pakistan authorities say they need to verify the company’s debarment first before taking action. Work on the Bhasha dam project in Pakistan is in jeopardy now that the World Bank has blacklisted the German engineering firm, Lahmeyer International, after finding the company guilty of paying bribes in the multi-billion dollar Lesotho Highlands Water Project (LHWP).

World Bank sanctions Lahmeyer International for corrupt activities in bank-financed projects

(November 6, 2006) The World Bank has declared Lahmeyer International GmbH (Lahmeyer), a German company, ineligible to be awarded Bank-financed contracts for a period of seven years, because of corrupt activities in connection with the Lesotho Highlands Water Project (LHWP). The period of ineligibility may be reduced by four years if the Bank determines that Lahmeyer has met specific compliance conditions and fully cooperated with the Bank in disclosing past sanctionable misconduct.