Despite the passage of the Bills linked to the Amaila Falls Hydro Project, President Donald Ramotar today revealed that the project is still in jeopardy, since all the requirements of Sithe Global were not met.
The President is referring to the non support of the project from the main opposition – A Partnership for National Unity (APNU) in the National Assembly.
“”Our requirements were not met, we had one of the opposition parties voting against it, and another one very belatedly come out and support it and also they did not come up to the level of debt ceiling that was required for the project itself, so that has placed the project in a lot of uncertainty,” President Ramotar said.
During an impromptu statement today at State House, the President could not confirm whether or not Sithe Global will still invest in the project.
At a recent consultation at the conference center, President of Sithe Global Brian Kubeck called on the parliamentary opposition to support the project. The company does not want to invest in the project if there is no consensus from all involved.
However, while the minority opposition – the Alliance for Change voted in favour of the Amaila Bills in the National Assembly, APNU parliamentarians did not.
While the project remains in a state of uncertainty, the President is assuring Guyanese that the government is doing its utmost best to save it.