On November 26, 2007, the International Centre for Settlement of Investment Disputes (ICSID or the Centre) received from M.C.I. Power Group L.C. and New Turbine Inc. (jointly referred to as the Applicants) an application for the partial annulment of the Award rendered on July 31, 2007 (hereinafter the Award) by the Arbitral Tribunal in the arbitration proceeding between M.C.I. Power Group L.C. and New Turbine Inc. v. Republic of Ecuador (ICSID Case No. ARB/03/6), composed of Professor Raúl E. Vinuesa, (Argentine), President; Judge Benjamin J. Greenberg, Q.C., (Canadian); and Professor Jaime Irarrázabal (Chilean). The Application for Annulment was submitted within the time period provided for by Article 52(2) of the Convention on the Settlement of Investment Disputes between States and Nationals of Other States of 18 March 1965 (Washington Convention or the Convention).