GPL Signs US$15.6 Million Deal with InterEnergy to Strengthen Power Sector Management
The Guyana Power and Light Incorporated (GPL) has signed a US$15.6 million agreement with the Dominican Republic’s InterEnergy Group for project management and consultancy services aimed at improving efficiency, oversight, and technical capacity within the state utility. The announcement was made this week following the signing ceremony in Georgetown, marking a significant step in Guyana’s ongoing efforts to modernize its energy infrastructure.
The contract follows a 2024 Memorandum of Understanding between GPL and InterEnergy and will span two years. Under the agreement, InterEnergy will provide project management support, engineering consultancy, operational audits, and strategic planning for GPL’s modernization projects. The company will also guide the integration of smart grid technologies while assisting in the training and capacity development of local personnel to strengthen institutional knowledge and sustainability within GPL.
Minister within the Ministry of Public Works, Deodat Indar, described the contract as a product of a rigorous negotiation process designed to ensure both technical value and cost effectiveness. He stated that the government remains committed to improving Guyana’s electricity network and developing local capacity alongside international partnerships. GPL’s Chairman, Maurice Gajadhar, welcomed the collaboration, calling it an important regional partnership that combines local commitment with international expertise to meet the growing energy demands of the country.
InterEnergy’s Chairman, Rolando González Bunster, noted that the company’s engagement in Guyana goes beyond consultancy work and represents a commitment to supporting the country’s energy transition. He said InterEnergy intends to work closely with GPL to deliver tangible improvements in system reliability, service delivery, and operational management.
The deal comes at a time when Guyana’s electricity sector faces growing pressure to meet rising demand from industrial and residential users. As the country experiences rapid economic expansion fueled by the oil and gas industry, the government has prioritized upgrades to its energy infrastructure, including generation, transmission, and smart grid capabilities.