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Hydropower in Guyana

Shrouded in secrecy

Small dam, big argument

      May 4th 2013              | GEORGETOWN          

The lead developer is Sithe Global, part of the Blackstone Group. Sithe wants a guaranteed 19% return on its equity stake, and plans to start construction this year. China Railway First Group signed an engineering contract in September. The China Development Bank will lend most of the money. The Inter-American Development Bank has been asked to chip in $175m; the World Bank was initially involved, but has pulled out.

 

 

Amaila’s supporters point out that it will flood less than 55 square km (21 square miles). No villages will be displaced and little wildlife will be disturbed. Guyana would no longer rely on fossil fuels for electricity. After two decades, ownership would pass to the government, construction costs paid off.

Opponents worry that clean electricity will not come cheap. Guyana Power and Light (GPL), the state-owned electricity company, will pay about $100m a year to the Amaila consortium. Electricity bills are unlikely to fall (three people were killed last year in protests over electricity charges). And Amaila’s power may not be reliable. The El Niño weather pattern can bring a year-long drought. In normal years, the plant will run below capacity between October and April. GPL will have to pay for backup thermal power. The IMF has urged “careful consideration of the [financial] risks”.

 

Plans to build Amaila date from 1997, though Sithe only got involved in 2009. The estimated cost has risen steadily. An access road is unfinished. There is as yet no economic feasibility study for the project; when completed, the study will remain confidential, as is GPL’s outline power-purchase agreement. Opposition parties complain that the government is being “secretive” about Amaila. On April 24th they blocked funds for a government equity-stake in the project. If Amaila is as beneficial as its backers claim, an open debate might generate broader support for the project, and cut its $56m bill for political risk insurance.

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"Plans to build Amaila date from 1997, though Sithe only got involved in 2009. The estimated cost has risen steadily. An access road is unfinished There is as yet no economic feasibility study for the project; when completed, the study will remain confidential, as is GPL’s outline power-purchase agreement. Opposition parties complain that the government is being “secretive” about Amaila. On April 24th they blocked funds for a government equity-stake in the project. If Amaila is as beneficial as its backers claim, an open debate might generate broader support for the project, and cut its $56m bill for political risk insurance."

 

 

 

These are some of the reasons why the opposition pushed to cut the budget and the reason some of us are here pushing for the same. Open your eyes people.

cain
Originally Posted by Prince:

The PPP can receive a good small piece from this project? No one will miss a US$100 million from the total cost?  

Anyone ever pelt yuh wid Katahar Seed??????!!!

Nehru
Originally Posted by Sunil:

 

 

The lead developer is Sithe Global, part of the Blackstone Group. Sithe wants a guaranteed 19% return on its equity stake

 


The Rev has always felt that hydro could take Guyana onto a higher plateau economically.

 

* BUT I AM DEEPLY CONCERNED BY THAT GUARANTEED 19% RETURN ON EQUITY SITHE GLOBAL IS DEMANDING.

 

* The Rev would strongly advise against that guaranteed 19%---I would agree to a guaranteed 10%

 

* I am also concerned by the cost escalation----a few years back amaila was slated to cost 600 million---it's now up to 850 million---and soon it will excced 1 billion.

 

* We all know PPP politicians will pocket tens of millions from this project.

 

I am waiting on the IDB's decision---they have access to the feasibility study----hope they question the 19% guaranteed ROE Sithe is demanding----if the IDB agrees to provide the 175 million financing they have been asked to----then the project will be a go.

 

Rev

 

FM
Last edited by Former Member
Originally Posted by Rev:
Originally Posted by Sunil:

 REv, The Opposition stupidity is costing the project 56 million us dollars in insurance.

 

The lead developer is Sithe Global, part of the Blackstone Group. Sithe wants a guaranteed 19% return on its equity stake

 


The Rev has always felt that hydro could take Guyana onto a higher plateau economically.

 

* BUT I AM DEEPLY CONCERNED BY THAT GUARANTEED 19% RETURN ON EQUITY SITHE GLOBAL IS DEMANDING.

 

* The Rev would strongly advise against that guaranteed 19%---I would agree to a guaranteed 10%

 

* I am also concerned by the cost escalation----a few years back amaila was slated to cost 600 million---it's now up to 850 million---and soon it will excced 1 billion.

 

* We all know PPP politicians will pocket tens of millions from this project.

 

I am waiting on the IDB's decision---they have access to the feasibility study----hope they question the 19% guaranteed ROE Sithe is demanding----if the IDB agrees to provide the 175 million financing they have been asked to----then the project will be a go.

 

Rev

 

 

Nehru
Originally Posted by Nehru:
 

 REv, The Opposition stupidity is costing the project 56 million us dollars in insurance.

 


I am fully aware of the $56 million political risk insurance---but right now that is a minor issue.

 

NO WAY A 165 MW HYDRO PROJECT SHOULD COST NEARLY 1 BILLION

 

In India  they would build such a hydro for half the cost---450-500 million.

 

http://indianewprojects.wordpr...ategory/hydel-power/

 

The Rev has not seen the feasibility study---but right now I have some serious reservation about the cost----1 billion for the 165MW amaila hydro project----Guyana and Guyanese are getting seriously screwed.

 

Don't forget--the Rev supports hydro---but not at the cost Sithe and the Chinese are telling us.

 

HOPE THE IDB HAVE THEIR EYES OPEN.

 

I wont be surprised if they pass on the project---in essence killing it.

 

1 billion for a 165MW hydro---NO WAY JOSE!

 

Rev

FM
Originally Posted by Prince:

The PPP can receive a good small piece from this project? No one will miss a US$100 million from the total cost?  

Jagdeo give one of his friend name Fip Motilall US$15.4 Million already.

http://www.kaieteurnewsonline....or-grocery-salesman/

Fip Head Office is located in a Shopping Plaza and in the identified suite 204, Hindu religious paraphernalia (pooja) and garments are sold there.

Also, Identified on a business card for Liberty Foods International Grocery Store is Fip Motilall and that business is at Unit 203, 951 Sansbury’s Way, Suite 204 West Palm Beach Forida meaning that the two businesses operated by Motilall sit side by side in the Shopping Plaza.

 

Motilall is expected to build a road that will require construction to high standards and will require significant maintenance during construction,

as it will be the only access for all earthmoving and construction equipment, some of which will be sizeable.

While President Bharrat Jadgeo contends that the evaluation team of technical financial analysts and engineers has determined that Motiall has the necessary expertise to undertake the project, Motilall is yet to appease the public that he can undertake the project and his track record of building anything is yet to raise hope.

According to the contract, the Motilall contractor had to meet various criteria.

He was required to identify similar large scale project experience over the previous five years citing “examples of scope of work, project location and costs,” as well as “references and credentials; including contact information for project managers and/or owners with whom he has worked.”

Fip Motilall was also required by the conditions of the contract, to submit details on the equipment and machinery that he owned and which would be needed.

When asked by this newspaper for a copy of what was provided by Motilall to satisfy the requirements Brassington had refused.

 

The earliest mention of Synergy Holdings Inc. is in the State of Minnesota, USA in 1997.

In a press conference held at the Tower Hotel in Georgetown on July 24, 2006, Prime Minister Hinds noted that Motilall had been 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.

 The following year (1998), Synergy teamed up with Harza Engineering Company (now called MW Harza Global), and was given the exclusive right to investigate the project with a view to ultimate development.

Synergy Holdings Inc. was required to submit a Feasibility Report and a Final Environmental Impact Assessment Report.

These reports from Synergy Holdings Inc., were the basis on which a Confidential Review of Amaila Falls Hydroelectric Project Feasibility Study Report was done for the Government of Guyana, dated June 2002.

 

The report, prepared by Kaehne Consulting Ltd of Vancouver, Canada, disturbingly concluded, With due respect to Synergy, it is obvious that this corporate entity does not have the financial or technical capability or the project development experience to develop the Amaila project.”

 

The Jagdeo Administration knew in 2002, from the Confidential Report, that Motilall and his Synergy Holding Inc. did not have the ‘financial or technical capability or the project development experience to develop the Amaila project’, but Motilall is still a major player; and was awarded the US$15 million contract in preference to other internationally recognized companies with experience, who submitted tenders to build the project.

 

The following companies were all registered in the State of Florida by Makeshwar Fip Motilall

(Source: Public Record Data – Department of State – Division of Corporations):

(1) Tropical Aquaculture was registered as a Fictitious Name on August 14, 2002;

(2) Desain Ranch Inc. was incorporated on Friday, March 26, 2004 and is currently active;

(3) Cabbage Woods Ranches Inc. was incorporated on Thursday, May 06, 2004 and is currently active;

(4) Country Farm Estates Homeowners Association Inc. was incorporated on Tuesday, August 09, 2005 and is currently not active;

(5) Great Oaks Estates Inc. was incorporated on Thursday, June 23, 2005 and is currently active;

(6) Great Oaks Estates Property Owners Association was incorporated on Thursday, July 28, 2005 and is currently active;

(7)  Liberty Foods of Palm Beach, Inc. was incorporated on Thursday, October 13, 2005 and is currently active;

(8) Synergy Holdings Inc. was incorporated on Friday, December 09, 2005 in the State of FL and is currently active;

(9) Timberland Estates Inc. was registered as a Fictitious Name on March 13, 2006;

(10) Synergy Energy Solutions Inc. was incorporated on Wednesday, June 25, 2008 in the State of FL and is currently active.

 

During 2008, M. Fip Motilall was Chairman of a committee to build a Mandir in his Palm Beach community of Florida. From an update written by him on the Florida Hindu Cultural & Religious Association FHCRA website ( http://fhcra.org/mandirstatus.asp ) on January 22, 2008, and again on October 24, 2008, he informed the members that the Mandir Building Committee was working with the following groups:

Civil engineer – Engenuity Group;

structural engineers – SRI Consultants;

architect – John Obarowski, and

general contractors – Green & Gold Construction.

These companies were to prepare the earthwork,

structural design for the building,

building design to include electrical and plumbing,

and the final construction of the Mandir.

It is indeed odd that neither Synergy Holdings Inc., nor Synergy Energy Solutions of which Fip Motilall is President and CEO, were named to provide any technical service for the construction of a Mandir that he was involved in.

The Mandir is yet to be built.

 

De Hydro-Engineer_Guy want know why  AFC Questining Jagdeo about Fip Experience & de Money Fip collect from Jagdeo...

De Hydro_Seed Fella seh It is none of AFC Business to ask anything.....

because "De PNC Constitution" allow Jagdeo to share out de money to eee friend them.

De_Honest_Bhai REV seh......"is Chuch Money"....allocated Under "De Rabbi House of Isreal Account".....Church, Mandir or Temple is all covered under Karma Funding........NO QUESTIONS ASKED....

 

THIS PROJECT GOT FULL SUPPORT OF ALL DEM $HITHEADS

15 Million , 150 Million or 1,500 Million is de same ....

Just add a Zero at de end.....and a Zero is nothing....

FM
Originally Posted by Prince:

What is the government saying about "Fip" Motilall who was giving the contract to build the road since 2009?


Motilall was the guy who introduced the amaila hydro to Sithe global---once the project gets the go-ahead---Motilall(really barath jagdeo) collects 10 million(US) finders fee from Sithe global.

 

Jalil just pointed out the corruption---Motilall granted contract to build road---a total joke.

 

Listen the Rev supports the PPP---but dem bais theifin no ra$s

 

So why would  a man of integrity like the Rev--a man who prides himself in being honest and in telling the truth---why would the Rev  support the theifin PPP ?---ANSWER-----because the alternative is the PNC----pure terrorists those people----they bankrupted Guyana before and would do so again.

 

At least Guyana prospering under the thiefin PPP.

 

Rev

 

 

FM
Last edited by Former Member

The only solution to Guyana is to build small hydro power stations/small water mills/wind mills through out the country.  The banks like the World bank and IMF want to lend Guyana lots of money to build large hydro projects to trap the country into severe interest payments.   Multiple small hydros together with small water and wind mills  is the way to go.

FM

The PPP is like wonder bread and super cats but they have to pull up their socks. They have little over three years to do that. They could take a little more but not too much either, and then they can show accountability.

FM
Originally Posted by warrior:

the only thing the people is saying is show the books is that asking too much

You have to be specific which book the people wanted to see because the PPP has many accounting books. Here are a few: 1) the actual accounting 2) the semi accounting 3) the cooked book of modern accounting, etc.  

FM

"the only thing the people is saying is show the books is that asking too much"

 

Yep! Look man, you cyan go askin dem PPP guys dem those kinda questions and really expect answers. Do you think it is fair for them to open the books to the people, awwww come on warrior.

 

Hahahahahaaaaaaaaaa now we see the real SNAKEOIL SALESMEN...HAHAHAAAAAAA!!!!!!

 

Gurd,yuji, DG, Sir Councie, 'bert (who I miss? ) Ohhh, DaRev but we aready know where Rev stan on dis an is no sense ask he,he tell we say dat he know the Govt tiefin the people dem $$$$ likea rass but he prefer to be in bed with dem rather than a party where the members have ...something called morals.

He must have thought that "Morals" is a disease so he stayin away from dat stuff.

cain

Listen the Rev supports the PPP---but dem bais theifin no ra$s

 

So why would  a man of integrity

like the Rev--support the theifin PPP

Rev....a Better Question is

why are U upset with Moses, GR or Ramjattan ....when they expose de thiefing.....

Wha happen Cocoroach eat out yuh Integrity...or yuh just lil stupid-dee 

 





So why a man who prides himself in being honest and in telling the truth---

 like the Rev--support the theifin PPP

Rev....a Better Question is

How come yuh cant see Lamumba, Hamilton & Kwame....

as PNC-House of Isreal Thugs....

and Kik-down-Door Bandits who Kill, Rob, Rape PPP Indian.





Please don't tell us ....yuh Honest and Truthful like Kwame

and yuh got to love dem because yuh wearing panty like Kwame....

we could understand if that is true

Are you Honest when .....

yuh call AFC members who expose thiefing Terrorist.....

Are U Truthful when.......

 yuh refuse to Call Jagdeo & Ramotar House of Isreal gangsters  Indian Killers and PNC Thugs.

Or yuh cant say that because yuh dress like Kwame.

 









why would the Rev  support the theifin PPP ?---ANSWER-----because the alternative is the PNC----pure terrorists those people----they bankrupted Guyana before and would do so again.

Rev the PNC Criminals are Nascimento, McClean, Manniram, Bynoe and Jerry......U WANT US TO SUPPORT THEM REV

FM
Originally Posted by Jalil:

=========

 

Rev....a Better Question is

why are U upset with Moses, GR or Ramjattan ....when they expose de thiefing.....


jalil:

 

The AFC/PNC majority opposition have been in parliament for nearly 18 months---and not a single change of corruption has been brought against any PPP politician.

 

LISTEN! WE ALL KNOW THE PPP BAIS ARE THIEFIN.

 

But not a single charge jalil.

 

ALL WE GET FROM THE JOINT AFC/PNC OPPOSITION IS CHEAP TALK.

 

 

RE: THE HYDRO

 

The Rev is being honest and truthful----no way a 165MW hydro should cost 1 billion(US)----and no way Sithe global should be guaranteed a 19% ROE.

 

IF THE HYDRO PROJECT GOES FORWARD AT A BILLION DOLLAR COST---GUYANA AND GUYANESE WILL BE GETTING SCREWED BY SITHE GLOBAL AND THE CHINESE.

 

Now you are free to attack the Rev for being truthful and honest.

 

Rev

FM

"The AFC/PNC majority opposition have been in parliament for nearly 18 months---and not a single change of corruption has been brought against any PPP politician.

 

LISTEN! WE ALL KNOW THE PPP BAIS ARE THIEFIN.

 

But not a single charge jalil.

 

ALL WE GET FROM THE JOINT AFC/PNC OPPOSITION IS CHEAP TALK."

 

 

 

This is a concern. Anyone???

cain

wan by wan . . . the man-on-man PPP prostitutes on GNI holding barrat's Amaila Falls tiefman 'deal' up to the light and suddenly finding it fraudulent and egregious

 

they would like us to believe that all the craven kneeling down to the big belly tiefmen in Freedom House heretofore was from lack of knowledge of the FACTS . . .

 

these same FACTS painstakingly elucidated in fine detail on GNI for years now, btw

 

idiots, pimps and hos in da house . . . fip has now become an 'unmentionable' . . . like raja

 

why is dat?

FM
Originally Posted by Rev:
Originally Posted by Sunil:

 

 

The lead developer is Sithe Global, part of the Blackstone Group. Sithe wants a guaranteed 19% return on its equity stake

 


The Rev has always felt that hydro could take Guyana onto a higher plateau economically.

 

* BUT I AM DEEPLY CONCERNED BY THAT GUARANTEED 19% RETURN ON EQUITY SITHE GLOBAL IS DEMANDING.

 

* The Rev would strongly advise against that guaranteed 19%---I would agree to a guaranteed 10%

 

* I am also concerned by the cost escalation----a few years back amaila was slated to cost 600 million---it's now up to 850 million---and soon it will excced 1 billion.

 

* We all know PPP politicians will pocket tens of millions from this project.

 

I am waiting on the IDB's decision---they have access to the feasibility study----hope they question the 19% guaranteed ROE Sithe is demanding----if the IDB agrees to provide the 175 million financing they have been asked to----then the project will be a go.

 

Rev

 

At 19% guarantee ROE?  How is Equity determined?

FM

There is no dodging Sithe Global.  It is an Uncle Sam Company that means if it is owed 19% by Guyana then it will get its investment from Guyana come hell or high water.

Prashad
Last edited by Prashad

Here is [ignorant?] rev being very 'articulate' on Jagdeo's larcenous Amaila Falls deal a scant 3 months ago

https://guyana.crowdstack.io/topic/re...1#308664320790066721

 

=======================================

[02-07-2013]

"TK/redux puts the following question to the forum:

 

"given the current (known) structure of the deal, is there a price point where this project becomes a ruinous debt hole/millstone for the Guyanese consumer/taxpayer . . .?"

 

Listen folks! What this political loser and hater of the PPP, Tarron Khemraj, doesn't understand is that regardless of the final cost of the Amaila falls hydro--it may end up costing over a billion dollars--but regardless of the final cost---the revenues from Amaila will cover the cost of the project many times over.

 

Look! The start up costs for a large scale hydro like Amaila will be high--but once completed the operational and manpower costs are low---making returns on investment very high.

 

Why do you folks think a massive company like Blackstone(210 billion dollars of assets under management) would be investing 150 million dollars in Amaila ?

 

They expect superior returns on their investments.

 

And in the meantime all losers like TK/redux can whine about is how the poor people in Guyana will be screwed.

 

KEEP BITCHING AND BRAYING & WHINING LOSER TK---THE AMAILA FALLS HYDRO WILL BE BUILT AND GUYANA AND GUYANESE WILL BENEFIT IMMENSELY.

 

Rev "

=======================================

FM
Last edited by Former Member

To make a profit on the investment the yearly turnover and profit will have to be quite high. The problem is that we do not have the kind of electricity requirement to do that kind of turnover.

Mr.T
Originally Posted by Rev:
Originally Posted by Jalil:

=========

 

Rev....a Better Question is

why are U upset with Moses, GR or Ramjattan ....when they expose de thiefing.....


jalil:

 

The AFC/PNC majority opposition have been in parliament for nearly 18 months---and not a single change of corruption has been brought against any PPP politician.

 

LISTEN! WE ALL KNOW THE PPP BAIS ARE THIEFIN.

 

But not a single charge jalil.

 

ALL WE GET FROM THE JOINT AFC/PNC OPPOSITION IS CHEAP TALK.

 

 

RE: THE HYDRO

 

The Rev is being honest and truthful----no way a 165MW hydro should cost 1 billion(US)----and no way Sithe global should be guaranteed a 19% ROE.

 

IF THE HYDRO PROJECT GOES FORWARD AT A BILLION DOLLAR COST---GUYANA AND GUYANESE WILL BE GETTING SCREWED BY SITHE GLOBAL AND THE CHINESE.

 

Now you are free to attack the Rev for being truthful and honest.

 

Rev

Rev I like how yuh Dancing.

Now yuh Blaming Moses and the AFC fuh not Charging Ramotar, Jagdeo or the PPP Bais fuh Thiefing.

Has the AFC prove that Ramotar and Jagdeo friends are thiefing????

Case: A certain big one from Freedom House was made Chairman of NCN.

He was Fired by the Board of NCN.

He laughed....and told the Board....NO ONE CAN FIRE HIM....

He said if he is fired he will spill de Beans and

the entire Govt will come down.....

Because he was the Returning officer at the PPP Congress....

and he can EXPOSE all of them who got Positions

in the Rigged Internal PPP Elections.





Jagdeo was out of the country when the Board fired this Thief...

Jagdeo contact Luncheon and told him....

This is a very explosive development....

Tell the Board to Back off until he Returns....

 

When Jagdeo Returned.....

He overturned the Board's Decision....

and give the Thiefman a Raise in pay...

and sweep everything under the carpet....

 

Ramotar become President....

The Thiefman was caught again Stealing NCN money...

Ramotar Jump up and say....

He want a full report on his desk .....IMMEDIATELY.

 

Ramotar got the Report almost 18 months now....

Ramotar seh lef de Bhai....

If eee tek any action on this thiefing thing....

All of them going to Jail.....

 

Ramotar decide none of eee friends will not be charged on his watch.......

 

REV .... That's the Power of the Burnham  PNC Constitution.....which the PPP sheltering under.

 





Rev.... to further Protect and Coverup the thiefing.....

Ramotar & Jagdeo move the PNC Kick-down-door Army of Thugs...

"De House of Isreal".....into the Office of the President.....

 

Rev .....Question # 1 : Do you think the PNC Constitution which Protects Thiefing should be changed??????

 

Rev.....Question # 2 : Do you support the IMMEDIATE REMOVAL of all the Black PNC Kick-down-door House of Isreal Thugs.....from Office of The President and thrown into LOT 12 CAMP STREET?????

 

 

Let us dee how Decent and Honest the Rev really is.





 


 

FM
Originally Posted by redux:

Here is [ignorant?] rev being very 'articulate' on Jagdeo's larcenous Amaila Falls deal a scant 3 months ago

https://guyana.crowdstack.io/topic/re...1#308664320790066721

 

=======================================

[02-07-2013]

"TK/redux puts the following question to the forum:

 

"given the current (known) structure of the deal, is there a price point where this project becomes a ruinous debt hole/millstone for the Guyanese consumer/taxpayer . . .?"

 

Listen folks! What this political loser and hater of the PPP, Tarron Khemraj, doesn't understand is that regardless of the final cost of the Amaila falls hydro--it may end up costing over a billion dollars--but regardless of the final cost---the revenues from Amaila will cover the cost of the project many times over.

 

Look! The start up costs for a large scale hydro like Amaila will be high--but once completed the operational and manpower costs are low---making returns on investment very high.

 

Why do you folks think a massive company like Blackstone(210 billion dollars of assets under management) would be investing 150 million dollars in Amaila ?

 

They expect superior returns on their investments.

 

And in the meantime all losers like TK/redux can whine about is how the poor people in Guyana will be screwed.

 

KEEP BITCHING AND BRAYING & WHINING LOSER TK---THE AMAILA FALLS HYDRO WILL BE BUILT AND GUYANA AND GUYANESE WILL BENEFIT IMMENSELY.

 

Rev "

=======================================

The Rev has had an overhaul, he is now a changed man, apparently not supporting the PPP no matter what.

 

Without out a feasibility study to be released to the public I don't see this project going anywhere.

FM
Originally Posted by Jalil:
 
 

Rev .....Question # 1 : Do you think the PNC Constitution which Protects Thiefing should be changed??????

 

 

The PNC constitution is a gift to the PPP---it will keep them in power forever---of course, if the PNC and AFC decides to form  coalition, then things could get interesting.

 

Listen! No matter how thiefin and corrupt the PPP politicians are---Guyana is still progressing---under the PNC Guyana was bankrupt.

 

Rev

FM
Originally Posted by BGurd_See:
Originally Posted by redux:

Here is [ignorant?] rev being very 'articulate' on Jagdeo's larcenous Amaila Falls deal a scant 3 months ago

https://guyana.crowdstack.io/topic/re...1#308664320790066721

 

=======================================

[02-07-2013]

"TK/redux puts the following question to the forum:

 

"given the current (known) structure of the deal, is there a price point where this project becomes a ruinous debt hole/millstone for the Guyanese consumer/taxpayer . . .?"

 

Listen folks! What this political loser and hater of the PPP, Tarron Khemraj, doesn't understand is that regardless of the final cost of the Amaila falls hydro--it may end up costing over a billion dollars--but regardless of the final cost---the revenues from Amaila will cover the cost of the project many times over.

 

Look! The start up costs for a large scale hydro like Amaila will be high--but once completed the operational and manpower costs are low---making returns on investment very high.

 

Why do you folks think a massive company like Blackstone(210 billion dollars of assets under management) would be investing 150 million dollars in Amaila ?

 

They expect superior returns on their investments.

 

And in the meantime all losers like TK/redux can whine about is how the poor people in Guyana will be screwed.

 

KEEP BITCHING AND BRAYING & WHINING LOSER TK---THE AMAILA FALLS HYDRO WILL BE BUILT AND GUYANA AND GUYANESE WILL BENEFIT IMMENSELY.

 

Rev "

=======================================

The Rev has had an overhaul, he is now a changed man, apparently not supporting the PPP no matter what.

 

Without out a feasibility study to be released to the public I don't see this project going anywhere.

a better example of intellectual bankruptcy and klownishness would be extremely hard to find

 

the 'events' on the idiot rev's road to Damascus these past couple of months would make interesting reading

FM
Originally Posted by Rev:
Originally Posted by Jalil:
 
 

Rev .....Question # 1 : Do you think the PNC Constitution which Protects Thiefing should be changed??????

 

 

 

The PNC constitution is a gift to the PPP---it will keep them in power forever---of course, if the PNC and AFC decides to form  coalition, then things could get interesting.

 

Listen! No matter how thiefin and corrupt the PPP politicians are---Guyana is still progressing---under the PNC Guyana was bankrupt.

 

Rev

Rev do not lie

and say yuh decent.....

when yuh Protecting them Thiefman.

 

You might be Honest.....

to admit they Thieving nuff.....

and you are part of them....

 

But yuh na decent Bhai

FM
Originally Posted by Jalil:
========
 

Rev do not lie

and say yuh decent.....

when yuh Protecting them Thiefman.

 

 

Jalil:

 

The Rev has never voted in a Guyana election---but if I were to vote for one of the 3 parties---PPP/PNC/AFC---my choice would be the PPP.

 

NO DECENT, HONEST, AND RESPECTABLE MAN CAN EVER SUPPORT THE DEPRAVED PNC.

 

So why not the AFC ?

 

 

Jalil, do you really believe those lagu bagu can run country ? Listen! Those opportunists, Moses, Khemraj, Trotman, Hughes, etc, etc  will be bigger plunderers and embezzlers and thieves than any of the crooks in the PPP.

 

Rev

 

 


 

FM
Originally Posted by warrior:

rev if you supporting a thief you also is a thief


warrior:

 

That is a reasonable perception. But the Rev's conscience is crystal clear---the Rev is a man of truth and honesty.

 

Rev

FM
Originally Posted by Mr.T:

To make a profit on the investment the yearly turnover and profit will have to be quite high. The problem is that we do not have the kind of electricity requirement to do that kind of turnover.

In order to make a profit, everyone in Buxton, Linden, Agricola and Wismar will have to pay the same rate for electricity as the rest of the country. We know if you ask these PNC terrorists do that, it is like asking them to perform a Jim Jones mass suicide. All they can do is to burn, rape and thief (slow fiah, moe fiah). They prefer to leech off the rest of the people.

FM

Rev....PPP is de Biggest thief....

according to you Jagdeo for starters

thief US$15 on De Hydro Project....

Moses, Ramjattan & Trotman never thief anything...

but you would not Support AFC.....

Because Black PNC Killers from House Of Isreal....

are Terrorist and Kill Indians in Guyana.

 

Look how yuh expose yuh-self Bhai.....

Rev....it look like you tek off yuh Panties like Kwame.

according to your reasoning.....

Rev gon tek olo.....because Kwame does tek it.

 
FM

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