Amaila hydro cost too high, IDB finds it risky –Finance Minister

Minister of Finance Winston Jordan in his budget presentation yesterday said that currently the cost of financing the Amaila Falls Hydropower Project (AFHP) is too high and the Inter-American Development Bank (IDB) considered the project too risky to attract the bank’s financing.

The declaration would seem to be the end to what was the former PPP/C government’s most ambitious project to diversify energy sources and what would have been the most expensive in