US$35M pact inked with Pinnacle Group for bio-energy other projects

President Donald Ramotar meeting Executive Director of Pinnacle Green Resources Manu Bansal (third from right), IAST Head Dr Suresh Narine (extreme right) and other stakeholders. Also in photograph is Minister of Tourism, Industry and Commerce (ag) Irfaan Ali (second from right). (GINA photo)

The Institute of Applied Science and Technology has signed a Memorandum of Understanding with the Pinnacle Group to build a facility that would transform biomass waste into pellets and one for power generation.

The three projects to a total value of US$35 million will see the utilisation of Guyana’s large level of waste such as bagasse from the production of sugar, paddy husk from milling rice and waste wood created by sawmills.

Director of the IAST Dr Suresh Narine, met President Donald Ramotar and Executive Director of Pinnacle Green Resources PTE Ltd Manu Bansal at the