The Jamaica Public Service Company has been awarded the right to construct a 360 megawatt plant in preparation for Jamaica’s foray into Liquefied Natural Gas (LNG).
The Office of Utilities Regulation (OUR) said the plant is scheduled for completion by mid-2014 and is part of the project to supply up to 480 megawatts of new generating capacity for the country.
In a release last evening, the OUR said the new plant will modernise and upgrade the electricity sector and form the basis for reduction in electricity charges and growth in the productive sector.
The OUR said the JPS was the only company which responded to a request for proposal to supply the new Generating Capacity.
He said the plant will be developed on a Build Own and Operate Basis and will displace approximately 292 megawatts of aged plants with the remainder to provide for load growth.