Cabinet discusses future of 381MW project
The future of the 381 megawatt energy project is expected to be a major agenda item at a meeting of the Cabinet now underway.
The project is now in limbo amid doubts regarding the ability of the preferred bidder, Energy World International (EWI), to finance construction of the US$737 million plant.
Those doubts intensified after the Inter-American Development Bank (IDB) told EWI it could not provide financing for the project because of procurement breaches identified by the Office of the Contractor General.
There have also been calls for energy minister Phillip Paulwell to resign for his role in the procurement process and the way he has handled the issuing of the licence granted to EWI.
There were indications that Paulwell has the backing of the People’s National Party executive following a meeting of the party’s National Executive Council yesterday.
Today’s cabinet meeting will reportedly focus on finding ways to ensurer the project goes forward.
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