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Empowered by new energy deal, Azurest may come to Life

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  • Empowered by new energy deal, Azurest may come to Life

    Azurest To Be Named Preferred Bidder For 360-MW Project

    Published: Wednesday September 18, 2013 | 10:26 am0 Comments


    Leonard N. Enriquez, president of Cambridge Project Development Inc, addresses a press conference related to bids for the Government\'s 360-megawatt project at the Terra Nova All Suite Hotel in St Andrew yesterday. - Gladstone Taylor/ Photographer

    The Office of Utilities Regulation (OUR) is expected to announce today that Azurest Cambridge Power has been selected as the preferred bidder for the 360-megawatt electricity generating project, according to inside sources.

    The process has been mired in controversy with Contractor General Dirk Harrison, in a report tabled in Parliament yesterday, characterising as improper, the intervention of Minister of Science, Technology, Energy and Mining, Phillip Paulwell in the tender process and the acceptance of Energy World International after the deadline that had been set.

    The OUR has scheduled a press conference for 1 p.m. today to provide what it said is an update on several current projects, but at which it is expected the preferred bidder will be named.

    However, the Private Sector Organisation of Jamaica, Jamaica Chamber of Commerce and the Jamaica Manufacturers’ Association said they will be boycotting the briefing based on the Office of the Contractor General’s special report on the inappropriate handling of the procurement process.

    “The groups are again calling for the OUR’s planned briefing to be postponed until the issues and concerns highlighted in the OCG’s report have been fully addressed,” the groups said in a joint media release this morning.

    Azurest has promised to cut electricity costs by half by 2015 should it be selected.

    It has also promised to sweeten the deal with a US$1.5 million investment to go directly towards scholarships and international training for persons in various sectors and towards city beautification.

    Addressing a media briefing in St. Andrew last month, managing director of Azurest Partners, Kenneth Allen said the company has invested heavily in ensuring that Jamaica and consumers will reap big.

    He said the company could take electricity prices down to between 15 and 20 cents per kilowatt hour using gas from the United States.

    Currently, the cost of electricity to Jamaica Public Service customers stands at approximately 42 cents per kilowatt-hour.
    TIVOLI: THE DESTRUCTION OF JAMAICA'S EVIL EMPIRE

    Recognizing the victims of Jamaica's horrendous criminality and exposing the Dummies like Dippy supporting criminals by their deeds.. or their silence.

    D1 - Xposing Dummies since 2007

  • #2

    Azurest wins bid


    Published: Wednesday September 18, 2013 | 1:53 pm 0 Comments

    The Office of Utilities Regulation (OUR) has confirmed at a press conference, a short while ago that Azurest Cambridge Power is the preferred bidder for the 360-megawatt electricity generating project.

    The company now has 15 days to submit a security bond to the OUR.

    It is also required to provide evidence of its ability to execute the project.

    Energy World International was ranked second and Energise Jamaica third.

    The process has been mired in controversy and even more questions have arisen since yesterday’s tabling in parliament of a report by the Contractor General, Dirk Harrison.

    In the report Harrison that energy minister, Phillip Paulwell’s intervention in the tender process and the acceptance of Energy World International after the deadline that had been set was improper.

    Azurest has promised to cut electricity costs by half by 2015 should it be selected.

    It has also promised to sweeten the deal with a 1.5 million US dollar investment to go directly towards scholarships and international training for persons in various sectors and towards city beautification.

    Addressing a media briefing in St. Andrew last month, managing director of Azurest Partners, Kenneth Allen said the company could take electricity prices down to between 15 and 20 cents per kilowatt hour using gas from the United States.

    Currently, the cost of electricity to Jamaica Public Service customers stands at approximately 42 cents per kilowatt-hour.
    TIVOLI: THE DESTRUCTION OF JAMAICA'S EVIL EMPIRE

    Recognizing the victims of Jamaica's horrendous criminality and exposing the Dummies like Dippy supporting criminals by their deeds.. or their silence.

    D1 - Xposing Dummies since 2007

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