Computing/Data Analysis, said: "IDC has closely tracked the HPDA market for
The new forecasts are now available to clients of IDC's HPDA continuous
evaporator technology for the Karbala Refinery project.
As the HPDA vendor scene is becoming increasingly heterogeneous and vibrant, the analytics side of the formative HPDA market is where traditional HPC users and first-time commercial adopters are converging most rapidly.
HPDA storage revenue will approach $800 million in the latter year.
Given estimated cash balances and cash generation, it appeared that HPDA would not have sufficient funds to pay the entire required June 30, 2002 maturities of US$14.
At present the generation companies, including HPDA, are attempting to negotiate a return to the previous tariff scheme of cost declarations and spot prices being declared in U.
Throughout the restructuring HPDA
has proposed debt structures that avoid reducing principal due to creditors.
continues to work toward a comprehensive restructuring plan with bankers and bondholders and has called a bondholder's meeting scheduled for April 14, 1999.
The recent financial problems at HPDA
are expected to preclude the realization of any financial benefits to Gener in the short to medium term.
also benefited from generally stable, and sometimes higher, electricity prices in Buenos Aires as an unusually cold winter boosted energy prices in June and July.
had US$423 million in debt outstanding as of December 31, 1998, US$161 million of which will become due during 1999.