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Bids in for Amaila Falls project

Nov 28, 2008 News

Several companies have submitted bids for construction of the Amaila Falls hydroelectric project, President Bharrat Jagdeo said on Tuesday.
The Head of State said that he has seen the prices of the bids but is yet to be briefed on the most recent development.
Recently, the Inter-American Development Bank (IDB) representative, Marco Nicola, had stated that the project may suffer as a result of the global financial meltdown.
The Amaila site is located on the Kuribrong River, a tributary of the Potaro, and the nearest point of access is the airstrip at Kaieteur Falls on the Potaro River, approximately 15 miles to the south.
An overland trail exists from Kaieteur Falls to Amaila, while access is also provided overland by an all-weather road through Tumatumari on the Potaro River and on to Mahdia and Kangaruma.
The construction process should have commenced in September, when the tender process should have closed, but was subsequently extended by President Jagdeo, who has publicly committed to building the hydropower station – estimated to cost approximately US$450M – before he demits office.

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