The Amaila Falls during one of its dry spells in 2013
The Guyana Power and Light Incorporated (GPL) in addition to agreeing to purchase all of the power to be delivered to Georgetown from the 156 megawatt (MW) Amaila Falls Hydro Electric Plant has also agreed to assume the hydrological risks involved in the project.
As such, it would mean that GPL would bear the incurred liability whenever the Amaila Falls runs dry or if the 23 square kilometres reservoir is unable to feed the hydro plant.
This is according to Project Head, Winston Brassington, when he provided an update on the project for stakeholders at the recently concluded Energy Conference and Expo, venued at the Marriott Hotel in Kingston.
Addressing the conference, Brassington told those in attendance, “like any large projects there is a lot of risk in these projects but most of these risk have been put to the developer.” Continue reading
BOOK LAUNCH: How Britain Underdeveloped the Caribbean – By Hilary Beckles – February 25, 2022
Live on UWITV – uwitv.org – Or Facebook: http://www.facebook.com/uwitv
VIRTUAL LAUNCH of BOOK by: Hilary McD. Beckles
A Reparation Response to Europe’s Legacy of Plunder and Poverty
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