China Railway to build Amaila Falls hydro

THE Ministry of Finance has reported that Cabinet has granted its ‘no-objection’ for the Office of the Prime Minister to engage the China Railway Group Limited to construct the Amaila Falls hydropower station (AFHP) based on a Build-Own-Operate-Transfer (BOOT) model.

Under this model, the company will supply electricity to the Guyana Power and Light (GPL) Inc. at a cost not exceeding US$0.07737 per KWH and.
According to a release, this follows publication of a request for proposals by government in various national newspapers during the period July 25 to August 15, 2021.

company will provide entire equity required, undertake all risks associated with project

Why the government can't build affordable 2 bedroom houses for the poor people of Guyana, it will created jobs and you can let them pay $1000 a week. You will get one hundred families which is 400 thousand dollar a month coming back to help pay for the houses and the people will live happy.

His Excellency Dr Irfaan Ali today met with the United States Ambassador to Guyana, Sarah-Ann Lynch and an executive team from Bechtel—an American engineering, procurement, construction, and project management company.

The Head of State was joined by Vice President, the Honourable Dr Bharrat Jagdeo and Minister within the Ministry of Public Works, the Honourable Deodat Indar.

The visiting team featured President for Regions and Corporate Relations of Bechtel, Stuart Jones; Global Manager of Business Development Jamie McMillan and the Global Manager of Strategy and Marketing & Business Development Andrew Patterson.

The meeting took place at the Office of the President on Shiv Chanderpaul Drive.

Bechtel has helped customers complete more than 25,000 projects in 160 countries on all seven continents.
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Earlier this month, the US Navy selected them as one of five teams that will compete for work on a multi-year programme to construct new dry docks and shipyard infrastructure at Pearl Harbor in Hawaii and Puget Sound in Washington State.