| President Bharrat Jagdeo has assured that his government is committed to building hydro power in the country.During the administration’s cabinet outreach, which is being held under the theme,Cheap Jerseys Free Shipping, “Conversation on the Future,” at the International Conference Center, the Head of State told the gathering that within a month’s time, the administration will have to make a critical decision on whether or not the company, Sithe Global, the lead financing group for Amaila Falls Hydropower Project that was responsible for closing the financing agreement, will go forward with this project or not.He said if this is not done,Wholesale Jerseys, then the government will have to get involved, “even if it means direct investments will have to be made.”However, Jagdeo said that the administration is not waiting on that,Wholesale Stitched Jerseys, since they have already re-tendered.“We received the bids and we have approached the Exim Bank of China, hopefully before the end of the year we will start building along the Coast a 136 KVA line that would allow us,Wholesale Jerseys Free Shipping, once the power comes in from the hydro to transmit this power along the Coast,Jerseys NFL Wholesale,” President Jagdeo said.He noted that early next year construction of the network will commence, targeting the critical parts of the Coastland and later the Amerindian communities.Additionally plans are also in place for the Guyana Power and Light (GPL) to construct a state-of-the-art control centre which will be located on a new plot of land at Sophia.The centre will allow GPL to effectively manage the inter-connection of the hydropower at Amaila falls.The hydro-power plant, which is scheduled to be completed in 2010 is expected to have the capacity to generate 100 megawatts of power and transmit it to the national grid, a project that holds tremendous potential for the development of Guyana.The Government of Guyana, Synergy Holdings and the Guyana Power and Light (GPL) Company entered into a Memorandum of Understanding on May 23, 2006 for the development of the power station at the Kuribrong River in Region Eight (Potaro/Siparuni), following advice that the project is economically feasible.Power generated at the falls would be fed into transmission lines that lead to the Sophia,Cheap Jerseys From China, Greater Georgetown sub-station, operated at present by GPL.The hydro plant is expected to cost about US$300M, one-third of which would cover the transmission lines. |
