43,000+ global companies doing business in the region 102,000+ key contacts related to companies and projects news and interviews about your industry in English Log in for full access to stabroeknews.com Only one active session is allowed per subscriber Evaluation on the pre-qualification for the four companies wishing to bid on the 165MW Amaila Falls Hydropower Project is still ongoing but should be completed by early next month whose ministry is the procuring agency for the project and which on December 29 received tenders from companies that wanted to be pre-qualified informed that four companies answered Requests for Proposals Lindsayca CH4 Guyana Inc is currently executing an aspect of the Wales gas-to-shore project With only the Build-Own-Operate-Transfer (BOOT) financial model to be accepted the government had issued a new Request for Proposal (RFP) for the Amaila Falls Hydro Project (AFHP) in early December and stated that pre-qualification is to be determined strictly on experience and commitment to local content “The Government of Guyana (GOG) invites revised Request for Proposals (RFP) under a Build-Own-Operate-Transfer (BOOT) model for the Amaila Falls Hydro Project,” the notice for the RFP which was published in this newspaper had stated The notice outlined elements of what the proposals should entail; that the project is one to be added to the gas-to-energy project which together will provide power generation to the Guyana Power and Light Company the notice said that the AFHP will integrate and expand the national grid When the project was initially conceptualised and was being undertaken by Sithe Global the government was prepared to purchase electricity at US10 cents per kilowatt hour since what was being generated cost twice as much the government had asked that proposals submitted by prospective developers be made under both the BOOT and Design-Build-Finance (D-B-F) models It was explained then that the call for the RFPs was due to the fact that the Guyana Power and Light’s current Development and Expansion (D&E) Plan for 2021 to 2025 projects that the total capacity required in 2025 would be 465 MW and energy of 2,900 GWH the summary of Scope of Works entails a 165 MW installed hydro dam and related works; transmission line and structures: 270 KM double-circuit 230 KV from Amaila to Sophia; 230 KV Substations in Linden and Sophia; creation of a 23-square-kilometre storage reservoir; upgrades and completion of roads and bridges to the site (85 kilometres new; 122 kilometres existing); and assumption of all geo-technical risks including guarantees relating to the structure of the reservoir it asked that firms state the cost/kWh (and equivalent annual payment) for power delivered to Sophia on the basis of a 20-year BOOT (period starting from commercial operations date) with all of the costs of the project to commissioning date and the project reverting to the government at the end of the BOOT period All appropriate assumptions including cost of capital had been the flagship project of the PPP/C government when it was in office pre-2015 A Partnership for National Unity (APNU) and the Alliance For Change (AFC) had used their combined one-seat majority to halt the project When the APNU+AFC government took office in 2015 had pleaded to continue a conversation on the project and ensure that it was restarted then Minister of State Joseph Harmon made an announcement in October 2017 that the project had been canned He had told this newspaper that his government was focusing on an energy mix with natural gas as a prime component A FREE roundup of top news from Guyana you might otherwise miss Bnamericas Published: Wednesday, January 10, 2024 Hydro Dam Tenders