A forum on the Amaila hydropower project yesterday heard key commentators restate their opposition to the scheme, citing likely tariff hikes of 23% and declaiming the estimated US$700M that the prospective developer, Sithe Global would have made from its US$157M equity injection.
Former Guyana Electricity Corporation head Ramon Gaskin slammed the now departed project sponsor Sithe Global saying that he is glad that the project is “dead”.
