A Memorandum of Understanding (MoU) was yesterday signed between Durable Wood Products Inc. (DWP) and EMC Energy Inc. with The Energy and Resources Institute (TERI) India, in New Delhi for the production of fuel from wood waste.
A release from the Office of the President said that the collaboration will see the implementation of a 1.5 MW wood waste-based power generation system through the gasification route for energy consumption in DWP production operations and excess power shunted to the national grid. As an international institute based in India and working globally, TERI has spent the last 45 years working on energy, environment, and sustainable development issues.
For over ten years, several entities in the private and public sectors in Guyana have been reducing their energy consumption significantly with help from TERI, the release said.
Signing the MoU on behalf of Guyana were Rafeek Khan, Chairman of DWP, Shyam Nokta, Managing Director of EMC Energy Inc and Dr Vibha Dhawan, Director General of TERI India.
Witnessing the signing ceremony alongside President Irfaan Ali were the High Commissioner of India to Guyana, Dr K J Srinivasa; G-Invest CEO, Dr Peter Ramsaroop, Chairman of the Private Sector Commission, Paul Cheong and other private sector representatives from Guyana.
