Guyana Nears Power Ship Deal | Guyana News

Guyana is closing in on a deal for a 36-megawatt power ship in Berbice, with talks nearly complete after a tough negotiation battle. Minister Deodat Indar defended the government’s stance, rejecting claims of coercion and insisting they fought hard for the best terms. A leaked negotiation letter sparked public backlash, but Indar reminded everyone these talks are confidential. The original deal, signed two years ago at a low 7.2 cents per kWh to address urgent power needs, won’t be renewed as demand has risen and the ship’s owners now want 9.5 cents — Guyana’s counter is 9 cents. The minister confirmed other options are being explored to maintain leverage, and an official announcement is imminent once finalized. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/7b288163289eb5a0