Minister of Finance Dr. Ashni Singh yesterday assailed APNU’s reasons for not supporting the Amaila hydropower project, calling them factually wrong and saying that tariffs will come down 20 percent within two years of operation.
Singh also accused APNU of destroying the project. Amid the harsh rhetoric, Sithe Global, which walked away from the project on Friday over the lack of consensus yesterday said its position has not changed. This was relayed to Stabroek News by its President Brian Kubeck.
In a statement issued yesterday, Minister Singh said APNU’s assertion that Amaila will condemn Guyanese to excessive burdens