Monday, February 6, 2023

Guyana seeking proposals for installation of new electricity transmission lines, substations

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OilNOW
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Guyana is inviting proposals from suitable firms to install the transmission lines and substations for the integration of the new 300-megawatt (MW) combined cycle gas turbine power plant to be constructed at Wales, West Bank Demerara.

The US-based partnership CH4/Lindsayca will be constructing the power plant in an integrated facility with a natural gas liquids (NGL) plant. It had tendered a bid for work it valued at US$898 million.

The construction of the pipeline, to be led by ExxonMobil, is expected to cost approximately US$1.3 billion. The current estimated cost of the entire project is approximately US$2.2 billion.

Engineers India Limited will supervise the Engineering, Procurement and Construction (EPC) of the onshore plant facility. Guyana is expected to hire another firm to operate the project.

The project, which is being pursued to slash the price of electricity to consumers by half, is expected to be delivered by 2024.

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