The Wales Gas Fired Power Plant is 300MW gas fired power project. It is planned in Essequibo Islands-West Demerara, Guyana. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the permitting stage. It will be developed in multiple phases. Post completion of the construction, the project is expected to get commissioned in December 2024. Buy the profile here.
Description
The project is being developed and currently owned by Guyana Power & Light. The company has a stake of 100%.
It is a Combined Cycle Gas Turbine (CCGT) power plant. The power plant can run on dual-fuel. The primary fuel being used to power the plant will be natural gas. In case of shortage of natural gas the plant will run on Natural Gas Liquids & Diesel.
The project cost is expected to be around $900m.
Development status
Post completion of the construction, the project is expected to get commissioned in December 2024.
Power purchase agreement
The power generated from the project will be sold to Guyana Power & Light under a power purchase agreement. The offtake capacity is expected to be 250MW.
For more details on Wales Gas Fired Power Plant, buy the profile here.
About Guyana Power & Light
Guyana Power & Light Inc provides electricity as well as other services. The company is headquartered in Guyana.
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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Power Intelligence Center, which provides detailed profiles of over 170,000 active, planned and under construction power plants worldwide from announcement through to operation across all technologies and countries worldwide.
