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FORTIS INC. AND CHLILLO DAM
Introduction
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
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 construction in Fortis and Belize.
Political Analysis
Belize is the country that has democratic state and sovereign status of the country with a government working on the parliamentary principles. Parliament principles are based upon the west minister parliamentary system. Country has the membership in the British commonwealth of nations after its independence. Belize electricity limited has the operations in strong relation to the economy and government (Ansar, Flyvbjerg, Budzier, & Lunn, 2014). They have more than 53,000 customer’s serves and able to meet up the highest demands of the country including 44 megawatts from the diesel fired generation, Mollejon hydro plant and energy purchase from commission de electricidad. BEL has enhanced the corporate image in the various modes. Electricity rates have been reduced by seven percent in BEL planning.
Economic
Fortis had the strong financial position as their return on equity increased from 8.55% in the 1999 t the 12.41% in the year 2001. It can be used to sustain the issues and problems in the short term as well as maintain the new project aligned with the specific limitations and actions. Chalillo dam financial position was included for the new 50 years in order to provide a more sophisticated analysis. 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).
Social
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).
Technological
It was the most economic option for generation for electricity in the Belize. It is the technically and economically viable as it might be a source of maximizing the hydroelectrically power production for the river. Energy reliance will be decreased on the outside sources. Flexibility was present in the electricity utility that was crucial to provide more exclusive customer services. Downstream stakeholders can sustain the benefits of significant flood control on dam completion (Raška & Emmer, 2014).
Conclusion
Summing it up, there is the more benefits for the dam construction as compared to letting things the most successfully implied. The major issues were the location of Dam that could be changed to save the environment as well as getting the electricity production option availed in the right manner.

References
Ansar, A., Flyvbjerg, B., Budzier, A., & Lunn, D. (2014). Should we build more large dams? The actual costs of hydropower megaproject development. Energy Policy, 69(0), 43-56. doi: http://dx.doi.org/10.1016/j.enpol.2013.10.069
Blersch, D. M., & Kangas, P. C. (2014). Signatures of self-assembly in size distributions of wood members in dam structures of Castor canadensis. Global Ecology and Conservation, 2(0), 204-213. doi: http://dx.doi.org/10.1016/j.gecco.2014.08.011
Bocchiola, D., & Rosso, R. (2014). Safety of Italian dams in the face of flood hazard. Advances in Water Resources, 71(0), 23-31. doi: http://dx.doi.org/10.1016/j.advwatres.2014.05.006
Jeong, W., Yoon, J.-S., & Cho, Y.-S. (2012). Numerical study on effects of building groups on dam-break flow in urban areas. Journal of Hydro-environment Research, 6(2), 91-99. doi: http://dx.doi.org/10.1016/j.jher.2012.01.001
Raška, P., & Emmer, A. (2014). The 1916 catastrophic flood following the Bílá Desná dam failure: The role of historical data sources in the reconstruction of its geomorphologic and landscape effects. Geomorphology, 226(0), 135-147. doi: http://dx.doi.org/10.1016/j.geomorph.2014.08.002

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