{"id":22658,"date":"2022-06-16T22:31:48","date_gmt":"2022-06-17T03:31:48","guid":{"rendered":"https:\/\/projectcalls.com\/dev?p=22658"},"modified":"2022-06-17T08:57:39","modified_gmt":"2022-06-17T13:57:39","slug":"amaila-falls-project-could-go-back-to-tender-vp-jagdeo","status":"publish","type":"post","link":"https:\/\/projectcalls.com\/dev\/amaila-falls-project-could-go-back-to-tender-vp-jagdeo\/","title":{"rendered":"Amaila Falls project could go back to tender \u2013 VP Jagdeo"},"content":{"rendered":"<p>Guyana<\/p>\n<p>CONSTRUCTION for the US$700-million Amaila Falls Hydropower station (AFHP) could possibly go back to tender, as the current executing company, China Railway Group Limited (CRGL), is having difficulties honouring its commitment to the Build-Own-Operate-Transfer (BOOT) contract that it signed.<\/p>\n<p>The government maintains that it is holding the company to the BOOT bid they submitted. If an amicable arrangement cannot be met, the government is willing to retender the project.<\/p>\n<p>This is according to Vice-President (VP) Dr Bharrat Jagdeo, who gave an update on the situation at a press conference on Monday at the Office of the President.<\/p>\n<p>The Vice-President explained that the company has requested to change the BOOT contract\u2019s arrangement to an Engineering, Procurement, and Construction (EPC) contract.<\/p>\n<p>\u201cWe have been in discussion since November last year. The negotiations are very difficult. As of April 2022, they are having a hard time doing the BOOT contract and want EPC financing. We\u2019re still trying to get them to meet the commitment that they bid for [but] for the last six months we have been struggling to reach the conclusion; we will have to give a deadline [on negotiations],\u201d Dr Jagdeo related.<\/p>\n<p>Under an EPC, CRGL would be responsible for all the engineering, procurement, and construction activities and deliver the completed project to the government within a predefined time and cost. However, that would require the government to source the financing, whereas under the BOOT model the project is financed by the contractor.<\/p>\n<p>Dr Jagdeo affirmed, however, that notwithstanding the delay, the government would still be moving forward with the project, albeit with a pushing back of the timeline.<\/p>\n<p>\u201cIf we can\u2019t get it done under the BOOT, we will not be able to conclude the EPC finance model. We are stuck with the possibility of having to retender. That might be a bit of a setback but on the other hand, we are moving full steam ahead [with doing the project],\u201d Dr Jagdeo said.<\/p>\n<p>The AFHP project had been expected to commence construction in 2022 and be completed in 2025, and when completed, add 165 megawatts (MW) of energy to the national grid.<\/p>\n<p>Last year, the Ministry of Finance had reported that Cabinet had granted its \u2018no-objection\u2019 for the Office of the Prime Minister to engage the CRGL to construct the AFHP, based on the BOOT model.<\/p>\n<p>Four companies submitted proposals, and CRGL was identified as the most\u2019 capable partner\u2019 by the Evaluation Committee, following a rigorous evaluation process,<\/p>\n<p>Through the project, the company will supply electricity to Guyana Power and Light (GPL) Inc. at a cost not exceeding US$0.07737 per KWH, and provide the entire equity required by the project and undertake all the associated risks with the project.<\/p>\n<p>This follows the publication of a request for proposals by the government in various national newspapers from July to August, 2021.<\/p>\n<p>The AFHP was first identified in 1976 by the Canadian company \u201cMonenco\u2019 during an extensive survey of hydroelectric power potential in Guyana. Various studies have since justified and strongly supported the construction of the AFHP.<\/p>\n<p><a href=\"https:\/\/guyanachronicle.com\/2022\/05\/31\/amaila-falls-project-could-go-back-to-tender-vp-jagdeo\/\" target=\"_blank\" rel=\"noopener\">more<\/a><\/p>\n<p>\u00a0<\/p>\n<p><em>Image: <a id=\"yui_3_16_0_1_1655474068818_1824\" class=\"owner-name truncate\" title=\"Go to Statkraft\u2019s photostream\" href=\"https:\/\/www.flickr.com\/photos\/statkraft\/\" target=\"_blank\" rel=\"noopener\" data-track=\"attributionNameClick\">Statkraft<\/a> (flickr)<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Guyana CONSTRUCTION for the US$700-million Amaila Falls Hydropower station (AFHP) could possibly go back to tender, as the current executing company, China Railway Group Limited (CRGL), is having difficulties honouring&#8230;<\/p>\n","protected":false},"author":1091,"featured_media":22674,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[250],"tags":[244,116,212],"class_list":["post-22658","post","type-post","status-publish","format-standard","has-post-thumbnail","category-articles","tag-electricity-energy","tag-guyana","tag-water"],"aioseo_notices":[],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2022\/06\/Do%CC%88rverden-hydropower-plant-electric-power-Germany-Statkraft.jpg?fit=1023%2C683&ssl=1","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p6u9Qa-5Ts","jetpack_likes_enabled":true,"jetpack-related-posts":[{"id":28984,"url":"https:\/\/projectcalls.com\/dev\/amaila-falls-project-is-the-only-realistic-path-for-moving-towards-an-emission-free-electricity-sector\/","url_meta":{"origin":22658,"position":0},"title":"Amaila Falls Project is the only realistic path for moving towards an emission-free electricity sector","author":"Mayra Bonilla Lopez","date":"July 20, 2023","format":false,"excerpt":"Guyana What good news! It is that \u201cThere has been active interest from Brazil to bring Guyana\u2019s Amaila Falls Hydropower Project (AFHP) into fruition.\u201d This is the word from Vice President, Bharrat Jagdeo, who explained that \u201cGuyana has received proposals from Brazil and other countries for the 165-megawatt hydropower project,\u2026","rel":"","context":"In &quot;Articles&quot;","block_context":{"text":"Articles","link":"https:\/\/projectcalls.com\/dev\/category\/articles\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2022\/06\/Do%CC%88rverden-hydropower-plant-electric-power-Germany-Statkraft.jpg?fit=1023%2C683&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2022\/06\/Do%CC%88rverden-hydropower-plant-electric-power-Germany-Statkraft.jpg?fit=1023%2C683&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2022\/06\/Do%CC%88rverden-hydropower-plant-electric-power-Germany-Statkraft.jpg?fit=1023%2C683&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2022\/06\/Do%CC%88rverden-hydropower-plant-electric-power-Germany-Statkraft.jpg?fit=1023%2C683&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":22449,"url":"https:\/\/projectcalls.com\/dev\/construction-of-amaila-falls-hydropower-power-project-hits-snag\/","url_meta":{"origin":22658,"position":1},"title":"Construction of Amaila Falls Hydropower power project hits snag","author":"Mayra Bonilla Lopez","date":"June 2, 2022","format":false,"excerpt":"Guyana \u00a0 Six months after China Railway was identified as the preferred bidder to open negotiations for the construction of the US$700 million Amaila Falls Hydropower project, that company has told the Guyana government it could not afford a Build Own Operate Transfer (BOOT) model, Vice President Bharrat Jagdeo said\u2026","rel":"","context":"In &quot;Articles&quot;","block_context":{"text":"Articles","link":"https:\/\/projectcalls.com\/dev\/category\/articles\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2022\/06\/pexels-son-tung-tran-6559879-scaled-e1654222599989.jpg?fit=1024%2C683&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2022\/06\/pexels-son-tung-tran-6559879-scaled-e1654222599989.jpg?fit=1024%2C683&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2022\/06\/pexels-son-tung-tran-6559879-scaled-e1654222599989.jpg?fit=1024%2C683&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2022\/06\/pexels-son-tung-tran-6559879-scaled-e1654222599989.jpg?fit=1024%2C683&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":19894,"url":"https:\/\/projectcalls.com\/dev\/chinese-company-to-build-hydro-dam-in-guyana\/","url_meta":{"origin":22658,"position":2},"title":"Chinese company to build hydro dam in Guyana","author":"Mayra Bonilla Lopez","date":"December 16, 2021","format":false,"excerpt":"Guyana The Guyana government says the China Railway Group Limited, which was initially selected to construct the Amaila Falls hydropower project in 2012, has now been granted approval to construct the renewable energy project. A statement issued by the Ministry of Finance said Cabinet granted its \u2018no objection\u2019 for the\u2026","rel":"","context":"In &quot;Articles&quot;","block_context":{"text":"Articles","link":"https:\/\/projectcalls.com\/dev\/category\/articles\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2021\/12\/architecture-g1f167a7f8_640.jpg?fit=640%2C426&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2021\/12\/architecture-g1f167a7f8_640.jpg?fit=640%2C426&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2021\/12\/architecture-g1f167a7f8_640.jpg?fit=640%2C426&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":24150,"url":"https:\/\/projectcalls.com\/dev\/call-made-for-probe-into-allegations-against-guyana-vp-jagdeo\/","url_meta":{"origin":22658,"position":3},"title":"Call made for probe into allegations against Guyana VP Jagdeo","author":"Mayra Bonilla Lopez","date":"September 15, 2022","format":false,"excerpt":"Guyana \u00a0 GEORGETOWN, Guyana (CMC) \u2014 Transparency Institute Guyana Inc (TIGI) Monday called for a commission of inquiry to examine the allegations of bribery and corruption made against Vice-President (VP) Bharrat Jagdeo during an international television programme earlier this year. Jagdeo has denied the US-based\u00a0Vice News\u00a0investigative report and President Irfaan\u2026","rel":"","context":"In &quot;Articles&quot;","block_context":{"text":"Articles","link":"https:\/\/projectcalls.com\/dev\/category\/articles\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2017\/08\/Small-business-Kaique-Rocha-pexels.jpeg?fit=640%2C426&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2017\/08\/Small-business-Kaique-Rocha-pexels.jpeg?fit=640%2C426&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2017\/08\/Small-business-Kaique-Rocha-pexels.jpeg?fit=640%2C426&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":19645,"url":"https:\/\/projectcalls.com\/dev\/guyana-favours-chinese-loan-conditionalities-assures-bidding-process-is-open\/","url_meta":{"origin":22658,"position":4},"title":"Guyana favours Chinese loan conditionalities; assures bidding process is \u201copen\u201d","author":"Mayra Bonilla Lopez","date":"December 2, 2021","format":false,"excerpt":"Guyana Amid lingering concerns by the United States (US) about the transparency and quality of Chinese-funded infrastructural projects, Vice President Bharrat Jagdeo has said Chinese loans are softer and that Guyana\u2019s procurement process is \u201copen\u201d. \u201cWe made it clear to everyone. No financing from anybody comes with political strings but\u2026","rel":"","context":"In &quot;Articles&quot;","block_context":{"text":"Articles","link":"https:\/\/projectcalls.com\/dev\/category\/articles\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2021\/11\/pexels-andrea-piacquadio-3760067-scaled.jpg?fit=1200%2C800&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2021\/11\/pexels-andrea-piacquadio-3760067-scaled.jpg?fit=1200%2C800&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2021\/11\/pexels-andrea-piacquadio-3760067-scaled.jpg?fit=1200%2C800&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2021\/11\/pexels-andrea-piacquadio-3760067-scaled.jpg?fit=1200%2C800&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2021\/11\/pexels-andrea-piacquadio-3760067-scaled.jpg?fit=1200%2C800&ssl=1&resize=1050%2C600 3x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/projectcalls.com\/dev\/wp-json\/wp\/v2\/posts\/22658","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/projectcalls.com\/dev\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/projectcalls.com\/dev\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/projectcalls.com\/dev\/wp-json\/wp\/v2\/users\/1091"}],"replies":[{"embeddable":true,"href":"https:\/\/projectcalls.com\/dev\/wp-json\/wp\/v2\/comments?post=22658"}],"version-history":[{"count":4,"href":"https:\/\/projectcalls.com\/dev\/wp-json\/wp\/v2\/posts\/22658\/revisions"}],"predecessor-version":[{"id":22676,"href":"https:\/\/projectcalls.com\/dev\/wp-json\/wp\/v2\/posts\/22658\/revisions\/22676"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/projectcalls.com\/dev\/wp-json\/wp\/v2\/media\/22674"}],"wp:attachment":[{"href":"https:\/\/projectcalls.com\/dev\/wp-json\/wp\/v2\/media?parent=22658"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/projectcalls.com\/dev\/wp-json\/wp\/v2\/categories?post=22658"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/projectcalls.com\/dev\/wp-json\/wp\/v2\/tags?post=22658"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}