Mr Demerara Guy what percent of USD 1 bill you geting? 

“PPP didn’t know Nigel Hughes was company secretary for Amaila Inc.” – General Secretary

September 11, 2013, By KNews, Filed Under News , Source - Kaieteur News

Recently appointed General Secretary of the People’s Progressive Party (PPP), Clement Rohee, is saying that his party was not aware, prior to the publication of the fact, that Alliance For Change (AFC) Chairman, Nigel Hughes is the Company Secretary of Amaila Falls Hydro Inc.

PPP General Secretary Clement Rohee

Rohee made the disclosure at a PPP press conference held at Freedom House on Monday.

When asked if the PPP was aware of Hughes’s professional attachment to the entity, in the aforementioned capacity, Rohee’s response was that he was not in a position to pronounce on the Party’s knowledge on that issue.

The General Secretary was then questioned as to whether he personally knew of the development, to which he responded in the negative.

Rohee said that he was personally unaware and doesn’t think that the government was aware.

It was asked how the government didn’t know what was going on in its own camp especially taking into consideration that Amaila is the government’s most important project of the day. Rohee’s only response to this was “these things happen.”

Also at the press conference was Attorney General and Minister of Legal Affairs, Anil Nandlall who lambasted both Nigel and Cathy Hughes for their involvement in the very project government promotes.

He said that it was incestuous that the Alliance For Change (AFC) called to be informed on the project when it’s Chairman—Hughes—knows all that there is to know.

Nandlall refuted Hughes’s claim that he wasn’t party to any of the meetings between Amaila Falls Hydro Inc, Sithe Global and the government.

According to Nandlall, that cannot be true, as Company Secretary you must know all that is going on in the company and must therefore be present at meetings.

Nandlall and Rohee’s accounts conflicted, as Rohee said the government most likely didn’t know while Nandlall said that Nigel Hughes was at meetings with the government.

In the end, Rohee was asked to give an account as to whether the Amaila Falls Hydro Project was dead or alive. The General Secretary said that he could only respond using the old adage “You can heal the sick but you cannot raise the dead.”

Source - http://www.kaieteurnewsonline....c-general-secretary/

Perhaps , Perhaps Not

Government still pursuing Amaila Falls Hydro Project – President Ramotar

- project can be operational by 2019

October 26, 2014, By KNews, Filed Under News , Source - Kaieteur News

President Donald Ramotar is continuing to push forward in his bid to have the Amaila Falls Hydro Project get underway. He said that there is a possibility that by 2019 the project can become operational.  The Head of State made the statement on Friday while addressing the media at the Office of the President.

The President told reporters that the remaining US$80 million received from Norway could have been invested in the flagship of the Low Carbon Development Strategy— the Amaila Falls Hydro Project.

The Norwegian Government has committed to providing Guyana with up to US$250M by 2015 for avoided deforestation once certain performance indicators are met.

According to the President, had the Amaila Falls Project been on track, it would  have attracted more than US$800 million in further financing from foreign direct investment.  The Head of State said that this plan didn’t materialise since there was a significant setback last year when self-serving political games attempted to destroy the project that was about to benefit all Guyanese by providing them with affordable, reliable, clean energy.

“The attempt to cause the collapse of the Amaila Falls Hydro Project in August 2013 was a disgraceful episode in our nation’s development, when some commentators and politicians refused to let evidence be their guide,” Ramotar told reporters.

He said that the nation saw “untruthful statements” from people who had access to all the relevant information which proved their own statements wrong.

The President vowed that he would not give up in the face of such baseless attacks and that his administration would remain steadfast in pursuing this transformative project.

He said that their partners at the Inter-American Development Bank (IDB) and the government of Norway also remained steadfast in their resolve. The President added that he sees some form of progress.

“Over the coming weeks and months, we will share with you the details of our new way forward. We can never make back the time that we have lost, but the Amaila Falls Hydro Project can still be operational by 2019,” the president said.

The President said that as government continues to press for the 165MW Amaila Falls Hydro Electric Plant, all of the previous partners in the project remain engaged, including Sithe Global which had announced a pull out last year.
Last August, when Sithe Global announced that it had pulled out of the project, its President, Brian Kubeck, maintained that “a public-private partnership of this magnitude requires a national consensus in order for us to proceed further.”

Kubeck was referring to the fact that the political opposition was divided on the pieces of legislation it had to consider in relation to the venture.

Government’s point man on the project, Winston Brassington, last January, met with the Parliamentary Sectoral Committee on Natural Resources and had disclosed that Government had started looking at a number of options after Sithe Global’s pullout, recognizing that the parties involved had spent considerable time and monies in developing it.

The contractor, China Railway First Group, remains “keenly committed” to the project. So does China Development Bank, Brassington had stated.
Brassington made it clear that China is willing to step in and “fill the gap” with regards to financing.

Under the financing structure, in the original arrangement, Sithe Global would have been putting in US$152M; IDB US$175M, Guyana US$100M and CDB US$413M.

China Railway had already signed an Engineering, Procurement and Construction (EPC) agreement with Sithe for US$506M.

Some 70 per cent of the total funding would have been coming from the CDB and the IDB. Brassington at the time stressed that talks are still ongoing with the partners with any negotiations still at a preliminary stage.

Source - http://www.kaieteurnewsonline....t-president-ramotar/

Perhaps, Perhaps Not

RiffRaff need to do something about this poster (JB) repeated nonsense. I believe if a poster don't have anything of substance to add to a debatable topic, he/she should desist from being a nuisance on other poster's thread.  

  lol....

Surinam just put a 5MW solar park in operation this year. The intention is to use it as a test bed to learn about the conditions and requirement of operating such a facility, before they expand it to 30MW next.

Given the size of Guyana, and the electricity requirement of a 500K population, why is the PPP hell bent on forking out so much money on a hydro plant? A solar farm to rival the capacity of Amaila can easily be built in one of our Savannah's. And at far lower building and maintenance cost.

But no doubt this whole thing is a money syphoning off scam.

Bhai Cobra, I disagree, The mentally challenged have EVERY RIGHT to post on GNI.

More money for the thieves,Solar and wind power would

be more economical for the size of current population.

You have to calculate for future population growth.

Bigger solar farms, bigger panels.

It is amazing how the basics elude these dunces.

http://cleantechnica.com/2012/...s-from-yingli-solar/