Believing that the Amaila Falls Hydropower Project (AFHP) is still viable and having received expressions of interest from foreign investors, the government will soon seek Requests for Proposals (RFPs) for the project that was halted more than a decade ago.
“We are hoping, maximum within two weeks, to go out back for the request for proposal. Up to last week we had another interest from a Brazilian company. We have had a company from Austria, we had several from Korea… So now I think there is a large number of people approaching us and the best way to do this is through a public process – a request for proposal; a bid process,” Vice President Bharrat Jagdeo announced yesterday.
“What they have to do is update the data from the last request for proposals and there are some elements like the change in demand and all of that. But we had most of the documents from the past already,” he added.