A joint venture between Guyana and Brazil will see the undertaking of studies beginning in early April to determine the possibility of developing two hydropower sites in the Middle and Upper Mazaruni, Region 7.
The studies—a prefeasibility and a feasibility—are estimated to cost US$45 million and according to Minister of Foreign Affairs Carolyn Rodrigues-Birkett, will be fully financed by a consortium of two Brazilian companies.
“The consortium, Queiroz Galvao and OAS is ready to commence the studies