Gov’t advertises hydro projects to be financed by IsDB

With just weeks to go before the March 2 general election, the caretaker APNU+AFC government is continuing to invite interest in major projects – this time for hydropower facilities to be financed by the Islamic Development Bank (IsDB) to the tune of US$14.6m.

In an advertisement in the January 18, 2020 Guyana Chronicle, the government said that it had applied to the IsDB for financing for the construction and rehabilitation of three small hydropower plants at Moco Moco, Kumu and Ikuribisi. The project will be jointly financed by the Government of Guyana though the quantum of the counterpart financing was not listed.

The advertisement said that the works will include Engineering, Procurement and Construction (EPC) contracts for the rehabilitation of the 0.7 MW Moco Moco hydropower plant and facilities, the construction of a new 1.5 MW Kumu hydropower plant and facilities and associated power transmission lines and infrastructure and the construction of a new 1 MW hydropower plant and facilities at Ikuribisi and associated power transmission lines and infrastructure.

The project also covers consultancy services for work supervision, project management unit support, financial auditing, geotechnical studies, an environmental and social management plan and land acquisition.

Interested eligible firms and individuals are asked to contact Dr Mahender Sharma, CEO of the Guyana Energy Agency.