Hydra-Co and partners developing private diesel facility in Jamaica
A 60-MW slow-speed diesel generating facility, to be located in Kingston, Jamaica, will be developed by Hydra-Co Enterprises Inc. and its development partners International Energy Partners and US Energy Corp., both of Bethesda, Md., USA, and Precursor Systems Inc., Reno, Nev., USA.
“This plant will supply (more than) 10 percent of Jamaica`s electricity needs when it reaches commercial operation in 1996. We expect to operate the plant for 30 to 40 years,” said Ken Cannon, Hydra-Co senior vice president.
The (US)$138 million generating facility is thought to be the largest foreign investment in Jamaica in more than a decade. Turn-key construction will be provided by European Power Constructors, a consortium of Astilleros Espanoles S.A., Holec Projects B.V., Babcock Wilcox Espanola S.A., Auxini S.A. and Union Electrica de Canarias S.A.
A 20-year power contract has already been signed by Jamaica Private Power Co. Capacity and energy will be sold to Jamaica Public Service under a 20-year purchase agreement and fuel oil will be supplied by the Jamaican national oil company, Petrojam. Operations and maintenance will be through Private Power Operators Ltd., a joint venture of Hydra-Co, US Energy and Precursor Systems.