Guyana: Karpowership Negotiations Nearly Complete, Says Minister Indar

Negotiations between Guyana Power and Light (GPL) Incorporated and the Turkish energy company Karpowership regarding a new agreement for electricity supply are reportedly 99 percent complete. Public Utilities Minister Deodat Indar confirmed this development, indicating that the finalization of the agreement is imminent.

The Minister noted that GPL is expected to release a statement by Friday detailing the results of the negotiations and the subsequent steps to be taken. This agreement is significant for Guyana as it pertains to the ongoing efforts to secure reliable electricity supply for the country.

Karpowership has been involved in providing energy solutions in various regions, and its continued partnership with GPL is anticipated to play a crucial role in addressing the energy needs of the nation. The completion of these negotiations marks a critical point in the collaboration between the two entities, as they work towards ensuring a stable and efficient energy supply for the citizens of Guyana.

Further details regarding the terms of the agreement and its implications for the energy sector in Guyana are expected to be disclosed in the forthcoming statement from GPL.

Source: guyanatimesgy.com

News Desk

Recent Posts

Nitya Narine Shines as Guyana’s Top Performer in the 2026 CSEC Exams

Nitya Narine from Tagore High School excels as Guyana's top CSEC performer with 26 Grade…

4 hours ago

Overfishing Cripples Parrotfish, Threatening Jamaica’s Coral Reefs

Overfishing decimates parrotfish in Jamaica, endangering coral reefs vital for marine biodiversity and ecosystem balance.

5 hours ago

Urgent Call to Action as Jamaican Parrotfish Face Overfishing Woes

Marine scientist raises alarm over parrotfish overfishing in Jamaica, risking coral reefs and marine ecosystems.

5 hours ago

PTSC to Launch Numerous New Bus Routes to Bolster Public Transport

PTSC is set to launch 25-30 new bus routes, improving access to public transportation nationwide.

6 hours ago
Click to listen highlighted text!