Indian company, Kalpataru Projects International Limited (KPIL), has been awarded a contract of approximately US$159 million to establish transmission lines and substations in support of Guyana’s Gas-to-Energy project. Targeted for completion in 2024, the infrastructure is instrumental for integrating the new 300 MW Combined Cycle Gas Turbine (CCGT) Power Plant.
The Prime Minister of Guyana, Mark Phillips, hosted the signing ceremony for the Provision of Engineering, Procurement, and Construction (EPC) Services contract at his office in Georgetown. Signatories to the contract were Derrick Cummings, Permanent Secretary in the Office of the Prime Minister; Maurice Gajadhar, Chairman of Guyana Power and Lights Inc., and Mainak Majumdar, General Manager (International Projects) at KPIL.
This EPC contract is expected to further cement KPIL’s footprint in international markets, especially in South America, where energy needs are rapidly growing.
This project is a broader effort to diversify Guyana’s energy portfolio and harness the potential of natural gas as a cleaner, more efficient energy source than heavy fuel oil. It is also meant to be a transition fuel while Guyana gathers renewable energy projects. The installation of the new transmission infrastructure is critical for a nation plagued by blackouts.
The Gas-to-Energy project entails, centrally, the installation of a pipeline to transport natural gas from the ExxonMobil-operated Liza field to an integrated gas processing facility at Wales, on the West Bank of Demerara. The major contracts for these facilities have already been awarded by the Guyana government and ExxonMobil Guyana.
Read more about the project here: All you need to know about Guyana’s Gas-to-Energy project (Updated) | OilNOW