President Ramotar is dead serious about the Amaila Falls Hydropower Project(AFHP) being developed in Guyana. The IDB loan for the project , according to the president, "is hinging on a suite of measures that was advanced following enviornmental studies that were conducted." IDB loan approval is expected in Q3 2013. In the meantime the AFC and PNC are in uproar--they want to see the Amaila Hydro project killed. Good news for Guyana is bad news for the AFC/PNC. But President Ramotar is dead serious about the AFHP--Hydropower takes Guyana to a higher plateau economically.
A spot check on the stretch of road to Amaila Falls Hydropower Project (AFHP) site by President Donald Ramotar, yesterday, brought a greater understanding about the challenges ahead of the June deadline for when substantial completion is expected.
A helicopter reconnaissance by the Head of State in the company of Minister of Public Works Robeson Benn and Technical Consultant Walter Willis, provided insight into the state of preparations on the physical infrastructure beginning from the Mabura trail into the Essequibo River.
They descended at Butukari for a first hand inspection of the river crossing conditions before continuing the aerial journey up the Kuribrong River into an area Minister Benn described as one of concern, and which grants physical access to the falls.
Fair weather and low water levels made it possible for the team to visit critical areas and to have an understanding of the unresolved issues, Min
ister Benn said in an invited comment to the Government Information Agency (GINA) subsequent to the visit.
The project had suffered a major setback when the government was forced to terminate the contract awarded to Fip Motilall of Synergy Holdings for failing to meet certain criteria under the terms of the contract awarded to him.
The AFHP is one of several priority projects under Guyanaβs revolutionary Low Carbon Development Strategy (LCDS) that is projected to be the main source of electricity generation in Guyana, simultaneously reducing the cost consumers
pay for electricity.
Constantly the government has been defending the project in the face of widespread media speculation and criticism from the main opposition political parties that used their one seat majority to cut funding allocated to the project in last yearβs budget.
Financial closure for the project is still pending, but is
likely to be concluded by the βsecond or third quarter of this year,β according to President Ramotar who was at the time speaking to the media at a press conference on January 11.
The Inter-American Development Bank (IDB) loan for the project, according to President Ramotar, is hinging on a suite of safeguard measures that was advanced following environmental impact studies that were conducted