Amaila Falls hydro power plant construction agreement inked

Amaila Falls hydro power plant construction agreement inked

The Engineering Procurement and Construction agreement (EPC) for the construction of the Amaila Falls Hydro project and Transmission Line was Tuesday executed in Xian, China by Sithe Global and China Railway First Group (CRFG), Guyana’s state-run Government Information Agency (GINA) reported.

The EPC contract, valued US$506 M, is the largest infrastructure contract ever executed in Guyana.  The signing signals an important milestone in the development of the US$840 M Amaila Falls Hydro project which is expected to start by mid 2013.   [read more]]

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Comments

  • wycs  On 09/13/2012 at 6:55 pm

    I wonder what took the Govt so long to have the construction of the Amelia Falls. I am happy to learn that the final signing of the agreement was done a few days ago. It will probably take another three years to come into effect.

  • Cyril Balkaran  On 09/16/2012 at 3:10 am

    The massive undertaking by the Chinese Government and the Guyana Government marks the triumph of the most costly undertaking in the West by China. Some US$845million dollars will be spent on the completion of this project which has the potential to transform Guyana and many countries in Latin America. Cheaper Electricity will be made available to our neighbours for a cost. Brazil,Venezuela, and Suriname will be the immediate beneficaries of this Amaila Hydroelectricty project and perhaps the whole of Guyana and the rest of latin America! In 3 years time the current will start flowing. Why worry brothers in Linden and elsewhere who fought a pitched battle for stay of the subsidised fuel for Linden and environs. Time is on your side now the rest will be told as progress continues in the field of construction!

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