Occupational health and safety in Iran: Accident cost analysis and the importance of education in accident prevention

ABSTRACT: The aim of this work is to introduce project financing and underlining its importance and application for financing large capital intensive projects, such as infrastructure ones. In order to achieve this purpose, first a brief history of project finance and some distributive statistical findings in different industrial sectors has been presented. Then the financial model of a single cycle power plant being given to an independent power producer is built and its results reported. In the next step, different categories of associated risk to this private power plant project are being identified, the critical variables captured and the risk simulated. Ultimately, risk mitigation is considered by studying and recommending right type of contracts as far as possible. Keywords: Project finance, power plant, risk, contract. …………………………………………………………………………………………………………………………