Jamaica seeks investor-partners to develop small hydro

Petroleum Corp. of Jamaica (PCJ) invites pre-qualification applications from prospective investor-partners in a joint venture to develop small hydropower projects. Responses are due September 14.

The government-owned PCJ has been mandated by the government to develop renewable resources with a goal that 15 percent of Jamaica’s energy come from renewables by 2020. Currently, 95 percent of the nation’s grid electricity is fueled by imported petroleum.

Utility Jamaica Public Service Co. Ltd. currently operates eight small hydro projects totaling 21.4 MW. Studies have indicated there is potential for about 11 additional hydro projects totaling 25 to 30 MW.

PCJ plans to form a joint venture company including itself or its subsidiary, Wigton Windfarm Ltd., plus a domestic investor, and a strategic foreign small hydroelectric investor. It seeks applications for pre-qualification for the domestic investor and the foreign small hydro investor.

An applicant submission form may be obtained by sending an e-mail request to hydropotential@wwfja.com. Six copies of expressions of interest and qualifications are due by 4 p.m. September 14 to EOI Small Hydro Generation Project, Petroleum Corp. of Jamaica, 36 Trafalgar Road, Kingston 10 Jamaica, W.I. Expressions of interest may be sent by e-mail in pdf format, if PCJ is notified that hard copies have been sent prior to the closing date.

Pre-qualified companies will be issued a request for proposal upon payment of US4500 by bank draft payable to Petroleum Corp. of Jamaica.

For information, contact Hydro Potential, Wigton Windfarm Ltd., 36 Trafalgar Road, Kingston 10 Jamaica, W.I.; E-mail: hydropotential@wwfja.com.

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