Turkish powership company wins contract to supply 60 MW

As the holiday season approaches, Karpowership of Turkey has secured the bid to provide an additional 60 MW of electricity to the Demerara-Berbice Interconnected System (DBIS). Vice President Bharrat Jagdeo confirmed yesterday.

Earlier this year, the company began supplying 36 MW from a ship moored at Everton on the Berbice River. That deal had been widely criticized as it was argued that better options were available including the purchase of brand new generators. This second deal will likely raise similar concerns.

Jagdeo yesterday noted at a press conference that the powership’s bid price started at $0.1117 per kilowatt-hour but was reduced to $0.095 per kilowatt-hour after negotiations.