Plans to build a hydro-electric project in this country took a step closer to reality with a key Opposition Parliamentarian saying he stands ready to support the Amaila Falls deal
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Amid the logjam over the deal and the developer threatening to pull out if there is no national consensus, key Opposition Member of Parliament Khemraj Ramjattan yesterday said he would support the project but he wants Government to back down on its demand to raise the loan guarantees ceiling to $150 billion.
“If Government drops the amount to a realistic $40-50 billion, I am inclined to support the Amaila Falls project. This country has long wanted to build a hydro-project. We have the resources. But we