One can lament aimlessly about it being a monkey on one's back, while in reality the hydroelectric power development will take place in Guyana.

what's your bloody point . . .?

just because the corrupt thieves you support can commit crime facilitated by Burnham's constitution means that good people should shut their mouths, eh?

another spear carrier seduced and excited by the chimera of tribal 'power' . . . at your age, imagine

Perhaps not!

Not when you admit being in bed with the PPP/Corruptocrats.

Changes to "Burnham's" Constitution require, at least, sixty six percent of the elected MPs.

For practical purposes, PPP/C has 50% of the MPs.

Since 1992, when has the PNC cum AFC made any submission to parliament for the amendments?

 As I said ancient one, the PPP always complains about contravention of the constitution that abrades their dictatorial stranglehold on authority in tyhe state because to them is is a prize. They have never articulated any position papers etc on proposed changes never submitted a change to be debated and in fact constantly seek to conserve the authority in it. Both the PNC and the AFC have position papers on constitutional change. There are oversight proposals to the tender process among others that exist but languish on the PPP's desk.

Further, constitutional reforms are not the dominion of political party hacks. That is why we ended up with the one we have. It should be a communal process where people of good conscience sit among themselves and forge an instrument suited to govern them. That is what needs to be debated in the parliament and not position papers by screwed up political hack

Keep on babbling, newly bred one.

LOL! There you go again; proving that Stormy is right that you are a puraani pagli.

There is something fishy about this guy RAM.

 "De Jagdeo Pie-in-de-sky-dream"

The Amaila Falls Hydroelectric Project (AFHEP)

A pie-in-the-sky Dream concokceted by Jagdeo in 1998

see details :-  http://synergyholdings.net/ene...alls/amailafalls.htm 

In 1998,(Jagdeo sign Contract after Dr Jagan's Death) Synergy Holdings Inc. joint-ventured with Harza Engineering Company (now called MW Harza Global) to fund and perform a detailed feasibility study and Environmental Impact Assessment (EIA) for the 1^st Phase of this reduced AFHEP project (Phase I).  The developers agreed to review the expandability of the project at least to Phase II. A loan form the US Trade Development Agency (US TDA) was applied for and received to cover approximately 50% of the cost of this feasibility study with the developers paying the rest.

Between 1999 and 2001, A full feasibility study and EIA was carried out on site including surveying, drilling in excess of 400 meters, and several site visits by Harza engineers to evaluate the drill cores and the physical characteristics of the site and to install river gauging equipment downstream of the falls. A man-camp on site and an access road crew in excess of 50 personnel worked on this project for several months. Drilling equipment were flown in by helicopter, supplies came in by river and the ATV access road.

Following the on-site investigations and mapping several alternate designs were looked at and the developers chose a final design that offered the lowest construction cost while maintaining the expandability of the project.

Interim Development Period

Following the feasibility study works described above, the Project attracted equity investors and multi-lateral Banks to finance the construction of Phase I of AFHEP. A Power Purchase Agreement (PPA) could not be finalized with the then privatized utility in Guyana- GPL. During this period (2002- 2004) additional work on the transmission line, reliability studies and work on the financial models continued. The hydro-power license was extended by the Government to allow development work on the financial package to continue.

Present Situation - May 2006

With the rising price of oil, AFHEP became a necessity for Guyana to have since the country was spending approximately 25% of its Gross Domestic Product (GDP) to purchase fuel and most of this was going to fossil fuelled electrical generation equipment. In mid-2005, serious talks were restarted between Synergy, GPL (which had reverted back to government ownership) and the government of Guyana in an attempt to finally put this project on a fast track development schedule. By this time additional generation was required by GPL to meet increased demand for power and the number of self-generators in the country was increasing.

As the development phase of the project had moved away form its technical emphasis and the focus was more on the financial engineering and commercial aspects of the deal, Synergy joint ventured with MaxPower International and Cj Independent to put together the financial package that will work for the Project. MaxPower and Cj Independent has successfully developed and financed a number of power projects in many countries of the world and they were familiar with the requirements of the world financial markets to make this project bankable.

Following a series of meetings with Government, an MOU was signed between the developers and Government on 23^rd May 2006 outlining their agreement to proceed with the development of AFHEP.

The schedule that was agreed upon has the start of construction of AFHEP in August 2007 with commercial operation on the last quarter 2010.

In the interim, Synergy and its partners agreed to supply a thermal power plant of 25 MW (to be operational in March 2007) as a way to meet GPL’s demand for power until the hydro-power plant can be built. The hydro project will assimilate the thermal plant upon its commissioning and the 25 MW thermal power plant will most likely operate in a back-up capacity after 2010.

PRESS RELEASES

Amaila hydro on the cards next year

Posted By Staff On September 25, 2008 @ 5:28 am In News

Hydro-power scheme draws closer By Mark Ramotar

24^th July 2006 Presidential Press Conference- Tower Hotel, Guyana

THE Government of Guyana, Guyana Power and Light Inc. (GPL) and U.S.-based Synergy Holdings Inc., are moving closer to realising a “national aspiration” which entails development of a multi-billion-dollar, 100 MW hydro-power station at Amaila Falls.

This development of the Amaila Falls Hydropower Project, located in the West Central interior of Guyana, is estimated to cost more than US$300M.

(Look at Jagdeo's Estimeted Cost...... there is no LIMIT TO COST)

The current status of the project, which has been on the cards for several years and which faced several stumbling blocks, and the vision of hydro-power for the future were outlined by President Bharrat Jagdeo, Prime Minister Samuel Hinds and President of Synergy Holdings Inc. Mr. Fip Motilall at a forum yesterday afternoon at the Hotel Tower in Georgetown.

It was noted that financial closing and ground breaking are targeted for August 1, 2007 "De Jagdeo Pie-in-de-sky-dream"

while commercial operation is scheduled to begin by December 15, 2010."De Jagdeo Pie-in-de-sky-dream"

The project entails the installation of transmission lines from Amaila Falls to the Sophia sub-station in Georgetown and Prime Minister Hinds said the price for electrical energy delivered at Sophia is capped at 7.5 US cents per kWh (kilo-watt hour).

President Jagdeo and Prime Minister Hinds both made it clear that the Memorandum of Understanding signed by the Government, GPL and Synergy in May this year can be terminated by the Government and GPL before August 1 next year if the estimated delivered price comes in greater than the target of 7.5 US cents/kWh.

"De Jagdeo Pie-in-de-sky-dream"

Over the last dozen years, potential developers have been pursuing interests in five different potential hydro-power sites in Guyana.

Mr. Hinds noted that Synergy Inc. headed by Motilall – a Guyanese-born living in the U.S., began working with a number of North American partners as early as 1996, to pursue a hydropower development at Amaila Falls to supply the local electricity grid.

Synergy is committed to accepting the lowest cost financing for the project and Motilall said the bid documents are almost completed and will be going out to tender shortly.

He also indicated that when the need develops, the Amaila Falls Hydropower plant can be upgraded to about 165 MW in a second stage development.

President Jagdeo, in his remarks at yesterday’s forum, noted that the development of Guyana’s hydro-power potential has been a “long national aspiration”. He said past attempts to develop the country’s vast hydro-power resources have been met with various challenges."De Jagdeo Pie-in-de-sky-dream"

“At present the Amaila Falls hydro-power project is the most advanced hydro-power project...this project will also provide affordable reliable energy that will act as a springboard for investment and development in many areas,” the President told those gathered at the forum.

He was also optimistic that the availability of reliable and affordable electrical energy will “provide the impetus for exponential growth in this great country”.

The potential for hydro-power in Guyana is estimated to be in the region of 7,000 MW, representing a major opportunity for Guyana, both as a primary source of power for domestic consumption and as a place for the development of large scale industries which require significant electricity capacities such as aluminum smelters and the production of hydrogen based fuels.

Mr. Jagdeo noted that hydro-power – renewable energy produced from water – has great potential in Guyana with more than 67 possible hydro sites in the country.

“Hydro-power development in Guyana has always been hindered by the high initial cost associated with the construction of the power stations and the transmission facilities,” the Guyanese Head of State said, adding that the government is mindful of the many benefits that flow with hydro-power.

He noted that Guyana, like many other nations, continue to battle the global problem of increasing oil prices, the effects of which affect every stratum of society and threatens progress and economic development.

The price for diesel has skyrocketed from US$35 per barrel in 2003 to US$91 per barrel in 2006, President Jagdeo said. Noting that at present, petroleum products form the primary source of energy in Guyana, he recalled that in 1994, petroleum imports accounted for some 16% of Guyana’s Gross Domestic Product (GDP) and this figure escalated to 25% of GDP in 2004.

He said projections suggest that this trend will continue as the price for fuel on the world market continues to rise, coupled with the fact that petroleum resources are being depleted. President Jagdeo said this phenomenon presents a significant challenge for Guyana.

“Guyana’s dependence for imported petroleum means that the country is vulnerable to international oil prices and diversification of energy sources is required to reduce this vulnerability,” the President contended.

According to him, the Government is already actively encouraging major alternative energy projects in Guyana.

In this regard, he alluded to the Skeldon sugar estate co-generation plan, which when it comes on stream, is expected to add at least 10 MW of power to the national grid by 2008."De Jagdeo Pie-in-de-sky-dream"

Discussions are also ongoing between GPL and the developers of the Hope Beach Wind Farm which is expected to produce an additional 4 MW of power before the end of 2007, President Jagdeo said."De Jagdeo Pie-in-de-sky-dream"

Among those who also spoke at yesterday’s forum were Chief Executive Officer of GPL, Mr. Bharat Dindyal and Motilall.

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July 2006:

"De Jagdeo Pie-in-de-sky-dream"

Cost ....US$300,000

 The schedule that was agreed upon has the start of construction of AFHEP in August 2007

with commercial operation on the last quarter 2010.

 commercial operation is scheduled to begin by December 15, 2010

President Jagdeo and Prime Minister Hinds both made it clear that the Memorandum of Understanding signed by the Government, GPL and Synergy in May this year can be terminated by the Government and GPL before August 1 next year if the estimated delivered price comes in greater than the target of 7.5 US cents/kWh.

"De Jagdeo Pie-in-de-sky-dream"

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Today : .The idea of hydro-electric power was revived under the Jagdeo administration which settled on a 165 MW facility at Amaila Falls at a cost of aboutUS$840 million (excluding interest).