US$159M contract signed to advance gas-to-shore project
Kalpataru Projects International Limited (KPIL) of India was awarded the Provision of Engineering, Procurement and Construction (EPC) Services contract, which will see the installation of transmission lines and substations for the integrated NGL Plant and 300 MW CCGT Power Plant at Wales, West Bank Demerara (Office of the Prime Minister photo)
Kalpataru Projects International Limited (KPIL) of India was awarded the Provision of Engineering, Procurement and Construction (EPC) Services contract, which will see the installation of transmission lines and substations for the integrated NGL Plant and 300 MW CCGT Power Plant at Wales, West Bank Demerara (Office of the Prime Minister photo)

–caters for installation of transmission lines, substations for new power plants at Wales
PRIME Minister, Brigadier (Ret’d) Mark Phillips, has emphasised his government’s dedication to completing the gas-to-shore project, which is anticipated to produce around 300 megawatts (MW) of electricity and is expected to reduce energy costs for citizens of Guyana by 50 per cent.

The Prime Minister, who is also performing the functions of President, made those remarks during the signing ceremony of the Provision of Engineering, Procurement and Construction (EPC) Services contract, which will see the installation of transmission lines and substations for the integrated NGL Plant and 300 MW CCGT Power Plant at Wales, West Bank Demerara.
Kalpataru Projects International Limited (KPIL) of India was awarded the contract for this project which is expected to be completed next year.

The contract was signed by Derrick Cummings, Permanent Secretary in the Office of the Prime Minister; Maurice Gajadhar, Chairman of Guyana Power and Light Inc., and Mainak Majumdar, General Manager (International Projects), Kalpataru Projects International Limited (KPIL) in the presence of Prime Minister Phillips.

According to the Prime Minister: “More than 60 per cent of the people of Guyana will benefit from this project; over 500,000 Guyanese will benefit from this project. This project will once and for all bring not only reliable and stable electricity, with the other components that will bring power for over 500,000 Guyanese at a cost that is half what they’re paying now.”

Prime Minister Phillips, who holds responsibility for the country’s energy sector, further explained that the cost of electricity currently stands at an estimated $45 per kWh and will be significantly reduced to around $24 per kWh hour.
He also said that this undertaking is in accordance with the pledge made by the PPP/C Government in its manifesto to provide accessible and reliable electricity to the people of Guyana.

“We went to the elections in a manifesto in 2020. We made a promise to the people out there that once and for all, we will solve the electricity problem, the power problem for the households, citizens and the business community,” the Prime Minister said.
During the event, the Prime Minister urged the contractor to stress the importance of completing the national-scale project on time.

He added: “This is another manifesto promise that we are delivering to the people of Guyana, and you are playing an integral role in ensuring that the people of Guyana are freed from unstable electricity, and blackouts come August 2024. So I look forward to working closely with the principals of Kalpataru and ensuring relief to the people of Guyana from unstable electricity to reliable and sustainable electricity at cheaper costs.”

Meanwhile, the Minister within the Ministry of Public Works, Deodat Indar, during his address at the ceremony, underscored the importance of timely delivery and quality work.
He said: “Our government has made a national commitment that we run on our election campaign that we will cut the electricity by half, and this aspect of the multiple moving parts needs to be completed on time. Timing is a critical success factor… but delivery now becomes of paramount importance.”

He related too: “For people to live comfortably, we have to cut energy costs, and that is the vision of our government, and that is what will be pressing forward.”
The project, according to the Indian High Commissioner to Guyana, Dr KJ Srinivasa, reflects the two countries’ growing cooperation.

Over the past 180 years, Guyana and India have enjoyed successful cooperation in several sectors, including agriculture, renewable energy, healthcare, infrastructure, defence, and education.

SHARE THIS ARTICLE :
Facebook
Twitter
WhatsApp
All our printed editions are available online
emblem3
Subscribe to the Guyana Chronicle.
Sign up to receive news and updates.
We respect your privacy.