FORTIS INC. AND CHLILLO DAM
Fortis is the organization aimed at delivering the earnings towards their shareholders whereas continuing the quality services to the customers at a reasonable prices. They had the strategy of positive growth and disciplined strategy of acquisition for shareholder’s wealth increase.
PEST analysis is the political, economic, social and technologuical system that must be analysed in this study. This study is based upon the project of Fortis that was based upon the electricity and power generation through dam construction in the Belize country. Following points are summarizing the key issues and current situations at the time of dam ...view middle of the document...
Being a standalone project, Chalillo cannot be profitable whereas Chalillo will provide Mollejon highest productive, probably a generation of $4 million for the Fortis as a result of combination. Apart from the long term financial benefits, cost saving will increase from the enhanced river management like the $4 million in the damage after the year 2000 in Iris. They will portray a fast growing market situation with a probable growth scope (Blersch & Kangas, 2014).
Basic rights are enjoyed by will major stakeholders in this project. Ethical acts are not violated during the project. There are no rights of the environment. It became questionable in the essence that there is the right or not for enjoying wildlife that must be untouched by the actions of human. United Nations rules and regulations are followed by the Fortis to provide a more exclusive working style. BEL has started up the program in order to meet up the needs and requirements of environmental issues. ISO 14001 rules are followed by environmental clean-ups at its generation of the diesel plants and decommission (Bocchiola & Rosso, 2014).
Memorandum of the internet has also been signed in this regard to provide a facility of sugar cane residue to all of the employees and customers. It has been a source of motivation and external sources utilization in this regard to move in the exclusive manner for the project. Project had the effect on the area that was habituated by the floral floodplain. The issues related to the dam were the aquatic and wildlife’s habitat and life. An alternative site for the dam was suggested to avoid issues. In case of following the planned option, there would be the most long term issues and impact on the environment that cannot be let to the project for deterioration of the environment (Jeong, Yoon, & Cho, 2012).
It was the most economic option for generation for electricity in the Belize....