Matter
Aqua Power and Catalysis Capital Ltd v. United Republic of Tanzania (ICSID Case No. ARB/24/42)
ICSID arbitration between Aqua Power, Catalysis Capital and Tanzania concerned the procedural framework and transparency of an investment dispute.
Procedural record
- 24 April 2025Arbitration
24 April 2025Arbitration
Procedural Order No. 1
International Centre for Settlement of Investment Disputes
- Decision summary
- The Tribunal established the procedural rules and timetable for the arbitration. The place of the proceeding is Singapore, the procedural language is English, and the parties are to bear direct proceeding costs equally without prejudice to the Tribunal's final allocation of costs.
Participants
Aqua Power and Catalysis Capital Ltd
United Republic of Tanzania
International Centre for Settlement of Investment Disputes
- Arbitrator
- Jan Paulsson
- Arbitrator
- Brooks Daly
- Arbitrator
- Makhdoom Ali Khan
- Tribunal secretary
- Ella Rosenberg
- 24 April 2025Arbitration
24 April 2025Arbitration
Procedural Order No. 2 on Transparency and Confidentiality
International Centre for Settlement of Investment Disputes
- Decision summary
- The Tribunal adopted transparency and confidentiality rules for the proceedings. The parties did not consent to publication of the Award and related award decisions; absent consent, ICSID is to publish excerpts subject to the specified comment and redaction procedure. Orders and decisions are to be published with agreed or Tribunal-determined redactions, while written submissions, supporting documents, hearings, transcripts, and recordings are not to be published unless the stated party agreements apply.
Participants
Aqua Power and Catalysis Capital Ltd
United Republic of Tanzania
International Centre for Settlement of Investment Disputes
- Arbitrator
- Jan Paulsson
- Arbitrator
- Brooks Daly
- Arbitrator
- Makhdoom Ali Khan
- Tribunal secretary
- Ella Rosenberg