Jamaica looking to further develop hydro power sector
sector KINGSTON, Jamaica, CMC – The Italian consulting firm, SP Studio Pietrangeli will undertake a J$109 million (US$ One Jamaica dollar = US$0.01 cents) feasibility study on five potential hydro power sites across the island.
The Ministry of Energy says it will partner with the Petroleum Corporation of Jamaica (PCJ) in undertaking the feasibility project being carried out as part of the Energy Security and Efficiency Enhancement Project, funded through a 2011 World Bank loan agreement. The feasibility work will end in August this year.
Under the agreement, the World Bank has provided US$15 million to finance initiatives to increase Jamaica's energy efficiency and improve energy security. Of this amount, $2.5 million has been allocated to the implementation of the hydro project.
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