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Guyana Power Ships Negotiation Update | Guyana News
Guyana’s government is locked in tense negotiations to renew contracts for two vital power ships supplying nearly 100 megawatts—critical as the country waits for its long-awaited Gas-to-Energy project. The first ship, delivering 36 megawatts, was acquired at a rock-bottom rate of 7.2 cents per kWh, while the second, at 60 megawatts, cost 9.5 cents. Now, talks center on a price between 9 and 9.5 cents, with officials insisting they’re not being pressured and have alternatives—despite rumors of threats to shut down operations. The Public Utilities Minister reaffirmed the government’s commitment…
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