• Connect With Us:
  • Guyana, EU teaming up for Chiung River Falls project

    KATO, Region 8, Guyana 1/26/12 (PennWell) -- The European Union (EU) will provide funding for a new 330-kW hydroelectric plant along Guyana's Chiung River, with the stipulation that the country construct a new secondary school first.

    The anticipated cost of the new hydropower facility is US$3.11 million. Of that, the EU has said it will contribute about $2.39 million under the 10th European Development Fund (EDF), while the Guyana government will contribute the remainder.

    The EU says construction of the school is essential before finalizing its investment because the school is anticipated to be the new plant's primary beneficiary.

    "The secondary school is foreseen to be the main electricity consumer, and therefore as such forms the basis for feasibility of the investment," an EU release says.

    Officials say they hope construction on the Kato hydropower plant can begin by February 2013, with completion coming in February 2015.

    Guyana has previously expressed interest in the Chiung River site and announced hydropower feasibility studies in October 2006, but a tender calling for further study was dropped a month later. 

    Hydro Industry Financials

    Most Read Articles

    Recent Comments

    Buyers Guide Companies

    Synergy Holdings Inc

    Renewable energy for residential, commercial, m...

    WorleyParsons – Brasil

    Zollern Transmissões Mecânicas Ltda

    Manufacturers of plain bearings, hydro power be...

    Potencia Industrial SA

    Manufactures hydroelectricelectric generators r...

    Rubberart Artefatos de Borracha Ltda

    Specializes in rubber seals for power generatio...

    Continuing Education

    Professional Development Hours
    To access a course listing associated to a specific topic listed below, click on the topic of choice from the list below.

    12/01/2013
    Volume 32, Issue 10
    file
    01/01/2014
    Volume 22, Issue 1
    1401hrw-cvr

    Archived Articles

    2006 | 2007 | 2008 | 2009 | 2010 2011 | 2012 | 2013
    Hydro Review Past Issues

    Premium Content AD Promo Space