PM hoping for Amaila deal in next week

Sam Hinds

Following rounds of discussion among various stakeholders, including project developer Sithe Global and the Opposition, Prime Minister Sam Hinds is hopeful that the US$858.2 million Amaila Hydro Power project gets the necessary approval and goes ahead, locking in financing within the present price window which closes December 31.

Hinds, speaking to Stabroek News yesterday said, “We hope to bring it back and make it happen someday. We are hoping that some understanding will be reached within the next week.”

“The Bill and motion will have to come back (to Parliament) and for this we may have to suspend the Standing Orders,”