Deal signed in Shanghai for Amaila

Posted by Washington Post: Juliet Eilperin on July 20th, 2010
Stabroek News: A framework agreement for the Amaila Falls hydropower project was signed in Shanghai, China yesterday, with President Bharrat Jagdeo in attendance. The agreement formalizes the cooperation between the Guyana Power and Light Incorporated, Sithe Global Amaila Holdings Limited, the China Development Bank, and the China Railway First Group Company Limited. "It sets out the parties' intention to reach financial closure on the Amaila Falls project within 12 months or ideally sooner", ......

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