Guyana Power and Light Inc. (GPL) has signed a non-binding Memorandum of Understanding (MoU) with Pacific & Auro Power Inc., a joint venture between a local company and a multinational company, to establish a framework for identifying, evaluating and developing potential power sector infrastructure projects in Guyana.
The MoU was signed on behalf of GPL by the Company’s Head of the Executive Management Committee, Kesh Nandlall, and provides a non-exclusive framework for collaboration. It does not commit either party to undertake or finance any specific project, but instead establishes a process through which priority projects may be jointly identified, assessed and developed into formal project proposals for future consideration.
Under the agreement, the parties will work together to identify opportunities across a range of priority areas, including transmission and distribution infrastructure, substations, power generation, renewable energy, battery energy storage systems and grid modernisation initiatives.
The MoU makes clear that each proposed project will be evaluated on its individual merits and will remain subject to the necessary technical, commercial, financial, regulatory and corporate approvals before any implementation can proceed. As a non-binding agreement, neither party is obligated to proceed with any project unless a separate definitive agreement is executed.
The collaboration reflects GPL’s commitment to exploring strategic partnerships that support the expansion and modernisation of Guyana’s electricity infrastructure while ensuring that all future investments are carefully evaluated and aligned with the country’s long-term energy priorities.
The MoU was signed by Nandlall, Head of the Executive Management Committee, in the presence of Divisional Director, Ryan Ross, and Deputy Chief Executive Officer, Bharrat Harjohn.
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