GMSA/ IDB partnering to deliver private sector energy efficiency project

Caribbean ESCO Ltd, a Jamaican energy consultancy company, and a local electrical engineering firm, Dynamic Engineering Company, are collaborating with the Guyana Manufacturing and Services Association (GMSA) in the execution of a project designed to improve energy management in the local manufacturing sector by improving the efficiency of electrical equipment and appliances.

Stabroek Business has learnt that the GMSA has secured funding from the Multilateral Investment Fund (MIF) of the Inter American Development Bank (IDB) with which to support the execution of a two-phased Energy Efficiency Project. The MIF is to provide 70 per cent of the funding for the project while the local manufacturing sector will provide the remaining 30 per cent.  The GMSA said the project is designed to address three critical electricity-related challenges facing the manufacturing sector, conservation, consumption and alternative energy.

The first phase of the project will see five local private sector entities serving as pilots in energy efficiency rating study which has …..To continue reading, login or subscribe now.



Join the Conversation

After you comment, click Post. If you're not already logged in you will be asked to log in or register.

The Comments section is intended to provide a forum for reasoned and reasonable debate on the newspaper's content and is an extension of the newspaper and what it has become well known for over its history: accuracy, balance and fairness. We reserve the right to edit/delete comments which contain attacks on other users, slander, coarse language and profanity, and gratuitous and incendiary references to race and ethnicity. We moderate ALL comments, so your comment will not be published until it has been reviewed by a moderator.