There is a “great likelihood” that Dynamic Engineering and Australian gold mining company Troy Resources Limited could reach a deal that would see the reactivation of the Tumatumari hydropower facility on the Potaro River, Prime Minister Samuel Hinds has disclosed.
He also revealed that government has approac-hed the Inter-national Renewable En-ergy Association (IRENA) to obtain partial funding at concessionary rates for a broad electricity scheme in the Rupununi including redeveloping of the defunct Moco-Moco hydropower facility. Hinds made the disclosures in a letter in the Sunday Stabroek as he responded to comments by APNU+AFC presidential candidate David Granger who recently told business leaders that if elected president he would move to maximise alternative energy options and signalled plans to reform the Amaila Falls Hydropower project. Granger had also lambasted the government for the abandonment of the Tumatumari and Moco-Moco hydro facilities.
Hinds, in response, said that government has been keenly pursuing alternative energy possibilities for Guyana. Speaking about the Moco-Moco facility, he said that when it was disrupted by a landslide in 2003, a team from China was brought to review the situation and make recommendations while the
