IMF Watch – Update On The Deadline For The 360 Megawatt Plant

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Science, Technology, Energy and Mining Minister Phillip Paulwell

diGgers following on our blog post “Is The Deadline For The 360 Megawatt Plant In Jeopardy?” when we highlighted the significance of the investment as it relates to the IMF Agreement, we bring you an update.

Read more about the assurance that Minister of Science, Technology, Energy and Mining Phillip Paulwell has given in regards to the August 8 deadline for the receipt of proposals by the Office of Utilities and Regulation (OUR) being met.

August 16, 2013 UPDATE:  In its bid to win the contract for the 360 megawatt project, Azurest Cambridge Power has made a number of bold promises including slashing the cost of electricity by 50% and proposing investments towards scholarships among other things. Read more here.