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In a move to strengthen and transform Guyana’s electricity sector, the Guyana Power and Light Inc (GPL) and Global South Utilities Power Enterprises Investment LLC (GSU) of the United Arab Emirates (UAE) on Friday inked a strategic Memorandum of Understanding (MoU). The GSU engaged in talks with stakeholders from the private and public sectors before signing the MoU with GPL.
The agreement was signed by Head of GPL’s Executive Management Committee, Kesh Nandlall, and Chief Executive Officer (CEO) of GSU, Ali Abdulla Ali Mohammed Alshimmari, establishing a framework for cooperation in three priority areas: power generation, renewable energy and smart electricity infrastructure.
The partnership aligns with GPL’s ambitious development plan, which aims to modernise Guyana’s electricity network, improve service reliability and resilience, increase generation capacity and integrate innovative technologies to meet the country’s rapidly growing energy demand. Speaking following the signing, Nandlall described the agreement as an important milestone in GPL’s continued transformation.
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