Chief spokesman on economics and finance for the main opposition, APNU, Carl Greenidge says the government failed to persuade legislators on the merits of the Amaila hydro project after prospective developer Sithe Global set the condition of political consensus for continuing with it.
He was speaking to Stabroek News yesterday in the wake of the pull-out by Sithe Global as developer of the US$858.2 million, 165 megawatt hydro scheme. APNU on Wednesday voted against the Hydro Electric Power Amendment Bill 2013 and a motion to increase the ceiling of loan guarantees, unlike the AFC, which voted yes to the two measures along with the government.
“Sithe Global did caution since early 2012 that unless there was consensus they would withdraw,” Greenidge said. “In these circumstances it was up to Sithe Global to make sure that their partnership with the
