Guyana is establishing a framework to identify, evaluate, and develop potential power-sector infrastructure projects through a new partnership between the Guyana Power and Light Inc (GPL) and Pacific and Auro Power Inc.
The initiative was formalised on Tuesday, with the signing of a non-binding memorandum of understanding (MoU) by GPL’s Head of the Executive Management Committee, Kesh Nandlall.
The agreement provides a non-exclusive framework for collaboration but does not commit either party to finance or undertake any specific project.
Instead, the MoU outlines a process through which the two parties will jointly identify priority projects, assess their feasibility and develop formal proposals for future consideration.
Areas identified for collaboration include transmission and distribution infrastructure, substations, power generation, renewable energy, battery energy storage systems and grid modernisation initiatives.
Under the agreement, each proposed project will be assessed on its individual merits and remain subject to the necessary technical, commercial, financial, regulatory and corporate approvals before implementation.
Additionally, the MoU makes it clear that neither party is obligated to proceed with any project unless a separate definitive agreement is signed.
The collaboration reflects GPL’s commitment to pursuing strategic partnerships that support the expansion and modernisation of Guyana’s electricity infrastructure.
It also aligns with the government’s broader objective of strengthening the country’s electricity network through sustainable investments that enhance resilience and support long-term economic growth.