Amaila Falls Hydro Electric Plant
Posted by: Denis Chabrol in DEMERARA WAVES -Monday, 30 May 2022
Six months after China Railway was identified as the preferred bidder to open negotiations for the construction of the US$700 million Amaila Falls Hydropower project, that company has told the Guyana government it could not afford a Build Own Operate Transfer (BOOT) model, Vice President Bharrat Jagdeo said Monday.
“The negotiations are very difficult and as of April 22nd, they wrote us saying that they are having a hard time doing the boot contract and they want to shift to an EPC (Engineering Procurement and Construction) plus finance; that the government finances the project and then they would be the EPC contractor,” he told a news conference. Continue reading →
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Hughes tenders resignation as AFC Chairman
Tuesday, 06 August 2013 – Demerara Waves
Nigel Hughes
Chairman of the Alliance For Change (AFC) and attorney –at-law Nigel Hughes has tendered his resignation in the wake of a newspaper article which reports that he is the Company Secretary of the entity that will operate the opposition-maligned Amaila Hydropower station.
AFC Leader, Khemraj Ramjattan declined to immediately comment on Hughes’ move. “Can you kindly stop this. You can have what you want on the (DemWaves) website. It’s something I’ll have to deal with,” said Ramjattan when contacted. He had moments earlier denied that Hughes had resigned. “Absolutely not, as far as I’m aware.”
Ramjattatn described Hughes as “a very good Chairman” and he has recused himself from all meetings on the Amaila Falls Hydropower Project. Continue reading →
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National Assembly approves $177.4B budget
Written by Kwesi Isles – Demerara Waves
Wednesday, 24 April 2013 23:28
The National Assembly Wednesday night [April 24] approved a GUY$177.4B (US$877.2M) national budget, some 15 percent lighter than the estimates presented by the government a month ago.
The combined opposition used its majority to evince a $19B cut in a $20B allocation earmarked for the Low Carbon Development Strategy pushing the total cuts to $31.35B. Minister of Finance Dr. Ashni Singh had presented a $208.8 budget proposal to the House on March 25.
The LCDS cut represented the largest in this year’s budget as it had in 2012. The money was to be used as Guyana’s stake in the Amaila Falls Hydropower Project and would have originated from the biodiversity agreement Guyana has with Norway. Continue reading →
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By guyaneseonline
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Posted in Business, Economics/Finance, Governance, Government, Guyana, Personalities
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Also tagged Cheddi Jagan International Airport, GINA, GPL, Low Carbon Development Strategy, National Assembly approves $177.4B budget, NCN, specialty hospital
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Demerara Waves – April 23, 2012
The parliamentary opposition on Monday submitted proposed cuts amounting to more than GUY$26B from the GUY$192.8 national budget to the consternation of the government.
Notice was given in the National Assembly on Monday ahead of Tuesday’s consideration of the allocations which come under the Ministry of Finance and Office of the President headings. The government called a press conference shortly afterward where it labelled the proposals “extremely alarming” and urged the parties to reconsider. Continue reading →
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By guyaneseonline
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Posted in Governance, Government, Guyana, Politics
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Also tagged David Granger, environment, GECOM, Guyana Online, Guyana Power and Light, guyanaonline, LCDS projects, Linden, micro enterprise development, Ministry of Finance, Norway eco-pact, parliamentary opposition, regional elections
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Energy: The solar alternative for Guyana – The least expensive – By Energy Technologist
By Stabroek News – November 1, 2021
Of all the energy possibilities, solar power is now the best for Guyana. It is the least expensive, will put power in the hands of the ordinary man, and is blindingly simple. Let us take each of these in turn.
Generation
If US$900M has to be found for the 165 MW Amaila Falls Hydropower Project, and US$900M has to be found for the 250 MW offshore Gas to onshore Energy Project, then the same US$900M can buy and install 450 MW of solar power. GPL currently has about 150 MW. Continue reading →
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