APNU MP Dr Rupert Roopnaraine says that Sithe Global’s insistence on parliamentary consensus on the Amaila Falls Hydropower Project was likely to ensure that the venture would proceed as agreed even if government changed hands.
Sithe’s representatives had signalled that the project was too large to move ahead with absent the consensus and warned they would pull out if the Hydro-Electric Power (Amendment) Bill and the Guarantee of Loans (Public Corporations and Companies) Act were not passed by consensus during the last sitting of the National Assembly. The main opposition APNU, however, after voting down the bill and motion on July 18, voted against them again last week but they were still passed after the AFC voted with the government for their passage.
As a result, Sithe made public its decision to pull out of the project.
Roopnaraine however, said that it was not the lack of consensus or national unity which caused Sithe to pull out,
