Over three years after government secured nearly half a billion dollars in European Union (EU) funding to build a hydropower plant at Kato in Region Eight, the project is still to get off the ground.
In January 2012, the EU had announced that the total cost of the project was expected to be €2.4 million (approximately $615 million) with the EU contributing €1.8 million (approximately $460 million) under the 10th European Development Fund (EDF) while the Guyana Government