ENERGY STR DEREGULAT

closed

The project will comprise of: (a) the installation of about 120 MW of power generation capacity consisting of a 60 MW low-speed diesel plant in the private sector and a 60 MW combustion turbine plant, of which the first 30 MW will be in the public sector and the second 30 MW will be in the private sector; (b) the installation of associated transmission lines and substations; (c) establishment and operation of the Private Sector Energy Fund to provide long-term financing for private power projects; and (d) consulting services to: (i) assist in the operation of the Private Sector Energy Fund; (ii) prepare the 60 MW diesel power station and the second 30 MW combustion turbine unit for solicitation; (iii) assist the Government of Jamaica in the solicitation, evaluation, appraisal, negotiation and supervision of the private projects; (iv) develop a contractual framework for the build-own-operate projects and a regulatory framework for the operation of the power sector; and (v) develop and implement a privatization strategy for the Jamaica Public Service Company and Petrojam.