Day One Thursday 25th October 2007

08.45 Registration & Refreshments

09.20 Chairman’s opening remarks

Rod Morrison, Editor, PFI

09.30 India : Meeting the demands of generating 778,000 mw by 2032

• Reviewing India’s ongoing energy requirements
• Update on the Governments power policy
• Attracting international investors – building confidence, providing guarantees
• Progress on bidding on Ultra Mega Power Plants, private participation in Merchant Power Plants and in transmissions projects

Sudhakar Shukla, Director of Planning & Policy, Ministry of Power, India

10.05 Winds of Change - Opportunities in India’s wind energy sector

K. Chandrasekhar, Head – Finance, Suzlon Infrastructure Services Ltd.

10.40 Refreshments

11.10 Case study: Investing in mega power plants in India

• Assessing the background to the mega power plant project
• Evaluating the bidding process
• Working with international partners
• Financing the power plant
• Sourcing fuel

Ashok Mitra, General Manager Finance, Tata Power Company

11.50 Sponsor panel: Selecting the best investments in the fast moving Asian energy market

• Key markets and sectors for investment in the coming years
• Balancing political and economic risks with potentially high rewards
• Challenges of investing in the Asian energy markets – overcoming issues of transparency and risk allocation
• Financing requirements – is it a borrowers or lenders market?
• Domestic vs. international financing options

Vince Harris OBE, Regional Managing Director Asia, International Power
Stefan Robertsson, Director, Group Corporate Finance, CLP Group
James Booker, Vice President, Operations & Project Development, Paiton Energy

12.40 Lunch

14.00 Vietnam: Opening up the market for investment in power projects

• Reviewing the growing demand for power in Vietnam
• Exploring the Government’s policies to create competitiveness in the energy industry
• Progress of EVN’s transition from state owned monopoly to competitive enterprise
• Opportunities for outside investors – joint ventures, direct EVN investment
• Risks vs. rewards of investing in Vietnam’s power and energy sector

Tran Hong Nguyen, Senior Expert on Energy Planning and Strategy of Vietnam, Department of Energy and Petroleum, Ministry of Industry, Vietnam

14.40 Laos: Boosting electricity exports

• Reviewing the experiences of the Nam Theun 2 project
• Power pricing between Laos and Thailand
• Political and economic risks of investing in power projects in Laos

Xaypaseuth Phomsoupha, Deputy Director General, Department of Energy Promotion and Development , Ministry of Energy and Mines

15.20 Refreshments

15.55 Panel: ECA and Multilateral investment in Asia’s developing energy markets

• Beyond financing: Role of multilaterals in driving investment for riskier projects and countries
• Types of projects and financing structures being used
• Opportunities for ECA involvement in projects
• Types of project guarantees used by multilaterals

Moderator:

• Mark Plenderleith, Milbank, Tweed, Hadley & McCloy  

Panelists:

• Shinji Hirai, Chief Representative, Nexi Singapore
• Ryuichi Kaga, Director General, Project Finance Department, Japan Bank for International Cooperation
• Shalabh Tandon, Principal Investment Officer, South Asia, International Finance Corporation (IFC)/The World Bank Group, New Delhi
• Michael Barrow, Principal Structured Finance Specialist, Infrastructure Finance, Asian Development Bank
• Michael Silverman, Lead Counsel, Legal & Claims Group, MIGA

17.00 Close of Day One followed by Evening Drinks Reception

Day Two Friday 26th October 2007

08.30 Registration & Refreshments

09.00 Chairman’s welcoming address

09.30 Philippines case study: Selling and buying Magat

• Examining the background to the deal
• Valuing the asset
• Structuring the transaction – balancing the risks vs. the rewards

Ole Gran, Director, Project Finance, SN Power

10.00 Extended financiers’ panel: Examining the impact of market liquidity on energy financing

• Which financing products are driving the market?
• Examining recent deal volume and flow
• Trends in pricing and maturities
• Trade offs between deal price and risk in a liquid market
• Examining the trends in project refinancings

Rajeev Kannan, Head of Project Finance Asia, Structured Finance Asia, Sumitomo Mitsui Banking Corporation
Bruce Weller, Director Asia Project Finance & Utilities Team, BNP Paribas
Joris Dierckx, Head of Global Export & Project Finance, Fortis Bank
David Zemans, Managing Partner, Singapore, Milbank, Tweed, Hadley & McCloy
Vikas Batra, Executive Director & Project & Structured Finance, Asia, ANZ
Dung Ho, Director and Head of Power, Asia, Standard Chartered Bank

10.45 Refreshments

11.15 Balancing the risks vs. returns of financing and investing in renewable energy projects in Asia

• Evaluating the demand for renewables in the Asian market – which options are tried and tested?
  - Wind power
  - Hydro power
• Trends in renewable financing in Asia – who is investing and where?
• Generating returns through emissions trading and carbon credits
• How much of a threat are renewable projects on the financing of traditional power plants?
• Key credit issues surrounding emissions trading, nuclear power and renewable energy

Ed Feo, Co-Chair of Global Energy and Power Practice, Milbank Tweed Hadley & McCloy
Eric Silverman, Head of Global Project Finance Grou, Milbank Tweed Hadley & McCloy

11.45 Solar projects in Korea

• The risk hedge tool on solar projects
• Financial analysis on solar projects
• Introduction to our Solar Fund of US$360m

Lee Chang Geun, Deputy General Manager Project & Structured Finance, Investment Banking Department, Kookmin Bank

12.20 Close of Conference followed by lunch