pfi conferences | 11th Annual Conference Financing Energy Projects in Asia

18th & 19th October 2006, The Pan Pacific, Singapore

Programme

Day One: Wednesday 18th October 2006

08.30 Registration & refreshments

09.00 Chairman’s welcoming address

Rod Morrison, Editor, PFI

09.10 Opening address

S. Iswaran, Minister of State, Ministry of Trade & Industry, Singapore

09.45 Case study: Reliance Energy

  • Reviewing current power and energy projects
  • Key sectors for Reliance
  • Working with lenders
  • Pros and cons of domestic vs. international financing
  • Future financing requirements

Ramesh Venkat, President (Finance), Reliance Energy*

10.20 Morning coffee

10.40 Panel: Financing the future

  • What are the current financing requirements for Asia’s power and energy sectors?
  • Is it a borrowers or a lenders market?
  • Domestic vs. international financing options
  • Issues & Trends concerning technical risks
  • Assessing the best form of financing - project finance, bonds, mezzanine, securitisation

David A. Hodson, Vice President Global Head of Project Finance Business Group, Lloyd’s Register

Stefan Robertsson, Director and Head of Corporate Finance, CLP Power Asia

Vijay Sethu, Chief Executive Officer, CIMB Standard Strategic Asset Advisors Sdn Bhd

Hasnain M. Siddiqui, Senior Vice President Capital Markets, Corporate, General Electric Company

11.30 Case study: CLP - a multi-regional approach in Asia Pacific

Stefan Robertsson, Director and Head of Corporate Finance, CLP Power Asia

12.05 Update on progress of the Tangguh LNG project

  • Review of deal structure
  • Dynamics of project partners
  • Implications of a successful conclusion for overall investment climate in Indonesia

Rajeev Suri, Finance Manager, BP Finance Asia-Pacific, Hong Kong

Nugroho Rawidigdo, Tangguh Financier, Tangguh Development Division, BP

12.40 Lunch

Lunch sponsored by:
Simmons & Simmons Logo

14.00 Risks and rewards of investing in Indian power and energy projects

  • Financing products available - project financing vs. other forms of debt
  • Investor appetite post Dhabol
  • Mitigating political risk issues
  • Overcoming project risk issues
  • Exploring currency risk issues

Pradip Roy, Executive Director, Industrial Development Bank of India Ltd.

14.35 Domestic financing of power and energy projects in India

  • Review of recent deals
  • Prospects for dual currency financing
  • Working in cooperation with international banks - what can each side offer?

Supratim Sarkar, Senior Vice President & Group Head, SBI Capital Markets

15.15 Mitigating risks to enable financing of energy projects in Asia

  • How fair risk allocation can make deals more bankable
  • Risk mitigation measures for curency, regulatory payment and sub-sovereign risks
  • Case study: Nam Theun, Phu My, Pudong Water

Philippe Valahu, Acting Director of Operations, Global Head of Infrastructure, MIGA, World Bank Group

15.40 Afternoon tea

16.00 Private power at the centre of the globalisation debate

  • Evaluating private power in terms of globalisation and foreign aid
  • Should the system be reformed?
  • Success and failures to date in Asia
  • Prospects for the future

Robert Hart, Founding Partner, Globeleq

16.40 Panel: Role of multilaterals in financing power and energy projects in Asia

  • Recent ECA activities in the power sector
  • Assessing the ECA role of political risk guarantor
  • Exploring innovations in financing products available

Michael Barrow, Principal Structured Finance Specialist, Infrastructure Finance Division, Asian Development Bank

Shalabh Tandon, Senior Investment Officer, International Finance Corporation

Fumio Hoshi, Senior Executive Director, Japan Bank for International Cooperation

Philippe Valahu, Acting Director of Operations, Global Head of Infrastructure, MIGA, World Bank Group

17.30 Close of Day One Followed by drinks reception

Day Two: Thursday 19th October 2006

08.30 Registration & refreshments

09.00 Chairman’s welcoming address

Chairman: Rod Morrison, Editor, PFI

09.10 Focus on upcoming investment markets for Asia power and energy

  • Financing the growing demand for energy in Thailand and Vietnam - reviewing current and future projects
  • Power in the Philippines - assessing the progress of development

Vikas Batra, Head of Project & Structured Finance, Asia, ANZ Investment Bank

09.45 Extended financiers’ panel: Investing in Asian power and energy projects

  • Financing products available - project financing vs. other forms of debt
  • Assessing the appetite for investment - risks vs. returns
  • Extent of firm specific vs. country specific risks
  • Implications of marketing liquidity on deal pricing and tenor

Bruce Weller, Director Asia Project Finance & Utilities Team, BNP Paribas

Brian Little, Head, Global Debt Restructuring, ABN AMRO Bank NV

Jackie B. Surtani, Head of Project Finance - Asia Pacific, KBC Global Structured Finance

Kyoichi Nagata, Head of Power and Infrastructure Team, Senior Vice President, Project Finance Division, Mizuho Corporate Bank, Ltd.

Vikas Batra, Head of Project & Structured Finance, Asia, ANZ Investment Bank

Ken Hawkes, Consultant, Lovells Lee & Lee

10.45 Morning coffee

11.15 Gas market development in Singapore and financing opportunities - Genco sales and development of an LNG terminal

  • Overview of gas market
  • Case for the importation of LNG
  • Financing opportunities

Stephen Begley, Senior Associate, Lovells Lee & Lee

11.50 Asia regional roundup: Developments in power sector privatisation - is 2007 the year?

Deepa Pasumarty, Global Head, Power & Utilities, Corporate Finance, Standard Chartered Bank

12.30 Lunch

13.45 Indonesia - the new hotspot for Asia power and energy projects?

  • Dynamics of supply vs. demand for power in Indonesia - implications of decline in oil production and increased reliance on natural gas
  • What investment and development is needed?
  • Reviewing the progress of current projects in different sectors
  • Prospects for the future

Joris Dierckx, Head of Global Export & Project Finance, Fortis Bank

14.20 Review the progress of current IPP schemes in Indonesia

  • The bidding process
  • Investor appetite
  • PLN payment risk
  • Governmental support

James Booker, Vice President, Operations & Project Development, Paiton Energy

15.00 Financing of power projects in Asia - Opportunities and challenges

  • Asia Pacific Region - the growth challenge
  • Opportunities in the region - greenfield developments and privatisations
  • The funding need and challenges - learning from past experiences (Indonesia / Philippines / India)
  • Key sector developments - reforms, regulations, restructuring
  • Opportunity pipeline - key growth drivers in the region
  • Imperatives for financing power projects in the region

Sharad Somani, Associate Director, Global Infrastructure and Projects, KPMG Corporate Finance

15.40 Afternoon TEA

Close of Conference