The AFC says that its decision to support the Hydro Electric Power (Amendment) Bill and the debt ceiling motion for the Amaila Falls Hydropower Project (AFHP) was intended to give “a new lease on life” to the venture, which has since lost sponsors Sithe Global.
A day before NICIL head Winston Brassington confirmed that developer Sithe Global has walked from the AFHP, AFC leader Khemraj Ramjattan told a news conference that perceptions about the future of the project were grim and many were already saying that the project was going to die. As such, he said, “we felt that if we had not supported the bill, Amaila would have been killed.”
Ramjattan said on Thursday that the move was aimed at showing the investors that the country was indeed interested in having hydropower. He said that the AFC has always been in support of the project but