Following successful negotiations that have resulted in a reduced cost, government is finalising a US$759 million contract for US bidders CH4/Lindsayca to build the 300 MW Combined Cycle Power Plant and a Natural Gas Liquids (NGL) Plant at Wales, West Bank Demerara (WCD), Vice President Bharrat Jagdeo announced on Friday.
“…We are extremely pleased that this week we have finally wrapped these up… that the mobilization could be paid and that we are on the way to the construction of this facility that would transform Guyana in terms of stable power, in terms of cost of power,” Jagdeo told a press conference.
