Latest update April 16th, 2026 12:40 AM
May 12, 2024 News
Kaieteur News – The Guyana Power and Light Incorporated (GPL Inc.) on Saturday night said that only 18 Megawatts (MW) of generation was connected to its Demerara Berbice Interconnected System (DBIS) from the Turkish owned karpowership.
“The remaining generation will be added to the grid incrementally during the course of the coming week,” GPL stated on its Facebook page.
Guyana chartered the vessel to supply some 36 MW of power to its electricity grid in order to alleviate the current black-out crisis. The Power Company had promised that additional 36MW of power would have been connected to the grid on May 8.
Kaieteur News understands that the power company experienced some minor technical challenges which resulted in the connection of the additional power to the grid being delayed.
It’s unclear if all of the minor technical issues have been resolved but GPL promised that the rest of the 36 MV will be added to the grid incrementally during the course of the coming week.
The GPL recently inked a contract with Urbacon Concessions Investments, W.L.L (UCI) to charter the Turkish vessel with a total installed capacity of 36 Megawatts (MWs) for a period of two years.
Karpowership arrived in Guyana’s waters last week and docked at Everton Berbice.
The contract, according to GPL, includes the provision of operation and maintenance services as part of the agreement.
The utility company in a statement said that, “the contract requires GPL to pay UCI a fee of 6.62 US cents per kWh as a monthly charter fee for the power ship and a monthly operation and maintenance fee of 0.98 US cents per kWh, based on electricity generated.”
The cost, however, excludes the price for fuel because according to the contract signed Guyana will still have to supply the power ship with fuel in addition to the agreed sum to charter the vessel.
Pressed for the true cost to rent the vessel, the country’s Vice- President, Bharrat Jagdeo on one occasion said it would cost Guyana nearly US$0.30 cents per kilowatt hour while on another occasion he said it would cost between US$0.21-US$0.22 cents per kilowatt hour.
Subscribe to get the latest posts sent to your email.
Your children are starving, and you giving away their food to an already fat pussycat.
Apr 16, 2026
Kaieteur Sports – A renewed sense of optimism is sweeping through the Ann’s Grove Football Club following a timely and meaningful donation of footballs by the National Sports Commission and...Apr 16, 2026
(Kaieteur News) – What should have been a straightforward decision concerning the renewal of CARICOM’s Secretary General’s term has now developed into a major controversy within the Community. And it is not advisable that the issue be swept under the carpet. We were told that the Prime...Apr 12, 2026
By Sir Ronald Sanders (Kaieteur News) – When the two-week ceasefire between the United States and Iran was announced on 7th April, 2026, the immediate reaction across much of the world was relief. By 8th April, that relief was reflected in a sharp fall in oil prices after weeks in which conflict...Apr 16, 2026
Hard Truths by GHK Lall (Kaieteur News) – From public productions, it seems that much is happening within Guyana’s reputable and venerable Audit Office. What is reportedly wrong, some of darkened condition; others within a twilight zone -grey and not good for Guyana. In a medicinal...Freedom of speech is our core value at Kaieteur News. If the letter/e-mail you sent was not published, and you believe that its contents were not libellous, let us know, please contact us by phone or email.
Feel free to send us your comments and/or criticisms.
Contact: 624-6456; 225-8452; 225-8458; 225-8463; 225-8465; 225-8473 or 225-8491.
Or by Email: glennlall2000@gmail.com / kaieteurnews@yahoo.com