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refers back to the official directive specified on the EPC contractor to commence total-scale construction and purchasing get the job done. The issuance of NTP generally involves generating a considerable mobilization payment to your EPC contractor and will likely be the first point within the construction system at which a significant sum must be
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But given that that is a correct fairness investment, the income fairness investor requires the risk that Should the project doesn't accomplish adequately, it may in no way recognize its preferred return. In contrast to accurate debt, payment of the preferred return just isn't an absolute obligation, but somewhat one which is barely paid out to you