Amaila hydro plant will not lower power costs, says AFC’s Khemraj

Tarron Khemraj

Constructing the Amaila Falls hydropower plant at a cost of US$835 million will not reduce the cost consumers have to pay for electricity and may not be the answer to the country’s energy needs, the AFC’s economic advisor Dr Tarron Khemraj says.

“Given the demand for electricity in Guyana right now, if they build a hydro for US$835 million, you guys get ready for some very expensive electricity,” Dr Khemraj warned yesterday while delivering a lecture at the Pegasus Hotel. The lecture,