PPP ALL THE WAY: LET PROGRESS CONTINUES PART 2
THE AMAILA HYDROPOWER PROJECT
Benefits to Guyana
The Amaila Hydropower Project will bring reliable, affordable electricity to Guyana, spurring jobs and economic growth, while expanding the country’s infrastructure.
Guyana, the “land of many waters”, is rich in hydro resources and deserves to benefit from its own natural wealth. The Project gives Guyana the opportunity to generate its own electricity from a clean natural source.
The Amaila Hydropower Project is critical to Guyana’s future. “Energy powers many aspects of human life, from light bulbs to refrigerators, cell phones to computers, and homes to hospitals.” The United Nations Development Program stated that energy is “central to sustainable development”. “It affects all aspects of development – social, economic and environmental – including livelihoods, access to water, agricultural productivity, health, population levels, education, and gender related issues.” Without access to modern energy, countries are unable to sustain economic growth. Guyana has been waiting a long time for hydropower. Now is the time to make this energy a reality.
Abundant, reliable electricity supply
The Amaila Hydropower Project will help to improve the dependability of the energy supply in Guyana by providing up to an estimated 165 MW of renewable energy. The Project includes a new double circuit high voltage 230-kV transmission network that will form the backbone of a new high voltage super highway — enhancing the reliability and deliverability of electricity throughout the country.
Affordable Electricity
With the Amaila Hydropower Project, electricity will be generated at lower costs than by imported oil. Power generation costs will be reduced and ultimately, consumers will benefit from this lower cost and more affordable electricity. Affordable and reliable electricity will support businesses, encourage jobs, and spur economic development.
Reducing GHG Emissions
The deforestation caused by the project will result in only about 8% of the greenhouse gas emissions that would have been emitted by the existing traditional oil fired power plants based on a 20 year period. The project will lower the country’s carbon footprint and provide the people of Guyana with a dependable energy source, while reducing the country’s long term energy costs.
Supporting Economic Growth
The Amaila Hydropower Project is the largest foreign investment and infrastructure project in the history of Guyana. It has the potential to support Guyana’s overall economic growth, based on a reliable, affordable electricity grid for its industries and businesses.
The Amaila Hydropower Project: Powering a Better Future for Guyana and its People
By providing a stable and dependable source of energy for citizens as well as businesses, the Amaila Hydropower Project will provide the country with a much needed electricity infrastructure to support the country’s economic development. The added infrastructure will help attract foreign investment and bolster local business and entrepreneurs.
At first, the power will benefit those currently connecting to the grid. In time, small communities located in the interior will also benefit from the Project, which will provide low cost electricity – encouraging expansion of the electric grid.
Renewable, affordable and reliable energy will help Guyana tackle these challenges, providing the foundation for economic development.
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