As APNU stood its ground on its objections to the Amaila Falls Hydropower Project (AFHP) in its current form, President Donald Ramotar yesterday pledged that he would try to persuade the investors to stay on, while warning that the country could lose US$80M meant to be used as Guyana’s equity in the scheme.
Developer Sithe Global on Sunday formally announced its withdrawal over the project’s failure to win political consensus, in light of APNU’s decision to vote against parliamentary measures aimed at enabling the venture.
Ramotar, who has reached out to APNU leader David Granger to get the coalition to reverse its position on the project,
