Regarding project financing, an investor group we have received written commitments for bank loans from Shinghan Bank (Korea). Currently we are implementing the relevant procedures under the current regulations on investment projects.
It is expected that the investment plan phase 2 are as follows:
- To complete the preparation of investment: 06/2016
- Commencement of construction of the project: 08/2016
- Commercial Power Generation: 12/2017
Above is the progress report of the project Phase 1 and propose investment projects 2nd Korean wind power projects - Tea Bay. PPC respectfully request that you and you continue to support agencies and guides related procedures.
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