(August 18, 2008) EDC has been the source of life support for Candu nuclear exports over the years. It has financed Candu sales to South Korea, Argentina, and Romania.
(August 15, 2008) Electric Power Congolmerate Hopes to Dam Chile’s Pascua and Baker Rivers Multinational energy congolmerate HidroAysén submitted its environmental impact statement to the Chilean government Thursday morning, outlining its plans to dam the Baker and Pascua Rivers in Chile’s southern Patagonia region. The proposed project includes five massive hydroelectric dams that have come under fierce criticism from environmentalists around the world.
(August 7, 2008) In a recent story, Óscar Santelices, the director of Chile’s tourism bureau, SERNATUR, expressed concerns that the HidroAysén hydro electric project in Patagonia may hurt the region’s tourism business. He also said that he has expressed these concerns to the developers of the project.
(July 31, 2008) This study shows that a national policy based on energy efficiency and non-conventional renewable energy could reduce Chile’s energy demand by up to 4,000 MW, eliminating the need for large hydroelectric projects.
(June 18, 2008) A new poll concerning the HidroAysén dam project is raising questions not only about what Chileans really think of the controversial hydroelectric venture, but also about how the issue is being treated by the nation’s major newspapers.
(April 1, 2008) HidroAysén project a threat to Chile’s “pride and soul” says NRDC attorney
(February 4, 2008) HidroAysen, a joint entity formed by Spanish-Italian electricity giant Endesa and Colbun, a Chilean energy company, plans to build five massive hydroelectric dams along Region XI’s Baker and Pascua Rivers. The Baker River, Chile’s largest, is in fact just a few miles from Tompkins’ Estancia Chacabuco, a massive stretch of pristine steppe land that Tompkins would eventually like to donate to the Chilean government.
(August 2, 2005) The government has decided to constitute a Vigilance special team to complete the probe into the SNC-Lavalin corruption case involving CPM state secretary Pinarayi Vijayan.
(August 2, 2005) Six-month deadline for panel to submit report.
(July 31, 2005) With charges of political corruption and kickbacks in the SNC-Lavalin deal mounting against it, the Kerala CPI (M) Secretary is on the defensive.
(July 21, 2005) CPM state general secretary and former power minister Pinarayi Vijayan laid the blame on the UDF for not getting the grant for the completion of the Malabar Cancer Centre at Thalassery.
(July 21, 2005) Communist Party of India (Marxist) State secretary Pinarayi Vijayan yesterday broke his silence on the controversial the Canada-based SNC Lavalin contract, admitting that the company has erred in its commitment to Kerala.
(July 20, 2005) Skeletons are tumbling out from the Left Democratic Front (LDF) cupboard in the form of controversial deal for power projects between Kerala State Electricity Board (KSEB) and a Canadian firm during the previous LDF rule.
(July 10, 2005) A report by the Comptroller and Auditor General of India has noted that "there was serious deviation from prescribed procedures in the award of contract to SNC Lavalin".
PRESS RELEASE Export Development Canada keeps taxpayers in the dark, says Rosen and Associates Limited
(June 14, 2005) A report by one of Canada’s leading forensic accounting firms, Toronto-based Rosen and Associates, criticizes the 2003 annual report of Export Development Canada for not differentiating between commercial and politically-mandated activities. EDC is a crown corporation that in 2003 backstopped $51.9 billion in exports and international investments by Canadian enterprises. The Rosen and Associates study focused on the financial reporting relating to EDC’s loan portfolio.