PPP ALL THE WAY: LET PROGRESS CONTINUES PART 2
Guyana, the "land of many waters," is rich in hydro resources and deserves to benefit from its own natural wealth. The construction of a new 165MW hydroelectric facility creates an opportunity for Guyana to generate its own power from a clean, natural source and with it a dependable, affordable source of electricity fostering growth and economic development in the country. The plant, located where the Amaila and Kuribrong rivers meet, will deliver electricity to Guyana's capital, Georgetown, and its second largest town, Linden, by an electric transmission line. Construction of the hydro facility and electrical interconnection is anticipated to begin in late 2011. It will take approximately four years to complete.
Benefits to the people of Guyana:
•The project will immediately provide local communities with employment opportunities as well as the opportunity for expanded sales of goods and services.
•The plant will provide power reliability to meet Guyana's future needs.
•Over time, the project will lower average wholesale energy costs.
•It will spur additional economic investment resulting in more jobs and stronger infrastructure.
•Twenty years from now, the Project will be transferred to Guyana Power & Light (GPL) at no cost.
.