Word: dams
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...struggles for power-dam sites along the nation's rivers, publicly owned utilities have long enjoyed substantial advantages over private companies. Exempt from local taxation, able to finance their ventures with low-cost, tax-free bonds, they can offer consumers cheap power-at the general expense of taxpayers everywhere. And the Federal Power Act gives them preference over private claims to the same water resources...
...Court of Appeals for the District of Columbia struck a major blow in behalf of private power companies. The three-judge court upheld a 1964 Federal Power Commission decision licensing Pacific Northwest Power Co., a consortium of four private power firms, to build a $257 million, 670-ft.-high dam and a generating plant at Mountain Sheep, in the middle reaches of the Snake River astride the Oregon-Idaho border. The court unanimously rejected the challenge of the Washington Public Power Supply System, a group of 16 public utilities, which wanted to erect a comparable dam at Mountain Sheep...
...scorching, scrub-covered valley in northeast Thailand, King Bhumibol Adulyadej this week will dedicate a $28.4 million dam across a tributary of the mighty Mekong River. Part of an ambitious, internationally financed effort to convert the Mekong's 2,625 miles of untamed torrent into a source of prosperity, the Nam Pong dam will not only store irrigation water for Thai farms but will provide electric power for both Thailand and neighboring Laos, part of it over jointly owned trans mission lines...
Such across-the-border cooperation has up to now largely eluded the na tions of Asia, and the dam symbolizes a change of vast potential consequences...
Road to Adventure. Laos, South Viet Nam, Thailand and Cambodia have al ready made a harmonious start at harnessing the Himalaya-fed Mekong. In addition to Nam Pong dam, five other power and irrigation projects costing $50.7 million are built or abuilding on Mekong tributaries. Thailand, Malaysia and the Philippines forged another kind of economic tie two weeks ago by reviving the dormant Association for Southeast Asia, tentatively agreeing to cut cable rates, swap radio and TV shows, begin free trade in a few commodities. Headquarters for the $1 billion Asian Development Bank, aimed at financing such sinews as power...