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Reply to "PPP ALL THE WAY: LET PROGRESS CONTINUES PART 2"

PPP ALL THE WAY: LET PROGRESS CONTINUES PART 2



The Amaila Hyropower Project
The Amaila Hydropower Project is a planned hydroelectric project (approximately 165MW capacity) to be located in western Guyana, a small South American country. The project also includes a new 270 km transmission line and new substations near Georgetown (Guyana's capital). Currently, nearly all electric generation in Guyana is provided through small units burning either diesel or heavy fuel oil. The planned Amaila Project would be a substitute for these expensive generation facilities. It would not only provide a clean renewable energy source, but also represent important foreign exchange savings for the country by reducing Guyana's dependence on expensive imported fuels. The reliable and more economic source of electricity would also encourage investors to assess possible investments in the mining sector in Guyana, which has often been identified as having substantial potential.

A comprehensive Environmental Social Impact Assessment is being updated to reflect the latest design and to incorporate an extensive environmental and social baseline and impacts analysis. The remote site location requires no resettlement of people and the Company is actively engaging communities during the planning of the project.

The Amaila Hydropower Project will generate reliable, affordable and clean energy for the people of Guyana for decades to come, will reduce greenhouse gas emissions from existing generation, and will improve electric power reliability essential for Guyana's continued future development.

Rafael S. Herz
Senior Vice-President
Project Manager: Amaila Hydropower Project

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