The Cabinet in principle approved to issue comfort letter
to KSPL regarding setting up of LNG receiving and regasification terminal at Kakinada deep water port by Visakhapatnam Concessions Pvt Limited, Mumbai, subject to certain conditions.
-- A letter provide by a company's independent auditors, detailing procedures to perform at the request of the underwriters.
This is highlighted by a comfort letter
issued by the Mayor of Paris in 2004, which commits the city to provide full financial support to CMP and its subsidiary, CMP Banque.
One such request is for a third-party verification letter, often referred to as a "comfort letter
class="MsoNormalThe equipments arrived at the Mombasa port in December last year, but we have not been able to get them as we lack funding, he said class="MsoNormalMr Macharia said, the firm requested to be given a comfort letter
by the ministry of health to facilitate the transportation of the equipments from the port but six months down the line, he has not been facilitated.
Mr Donaldson said: "Is one or both in possession of an OTR Comfort Letter
or a Royal Prerogative of Mercy?" West Midlands Police confirmed the investigation remains open and said it will respond to "any new significant information to bring those responsible to justice.
KAPCO SELL-OFF PLAN FACES DELAY (RECORDER): Kapco privatization faces delay as issues of required comfort letter
for the extension of PPA and others remain unsettled.
She said discoms are taking a loan of ` 11,000 crore and this is a comfort letter
for that which is just a formality.
Financial backers and debt providers of Core Citadel Capital platform company Egyptian Refining Company have received a renewal of its comfort letter
from the Government of Egypt, signaling unwavering state backing for the strategic $3.7 billion greenfield refining project.
On February 11, 2010, Islamabad and Tehran finalized the agreement including the issuance by Pakistan of a "comfort letter
" that provided Iran with the assurance that India - or China - could be brought into the project later.
In a statement, Sir Stelios alleged that easyJet breached the terms of a "comfort letter
" dated October last year - making it null and void.