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Chart 1. Existing Hydropower Schemes Owned by JPS<br />

In February 2003, JPS completed a comprehensive rehabilitation <strong>of</strong> its hydropower<br />

plants, in partnership with the German Government through its development bank KfW<br />

at a cost <strong>of</strong> US$27 million. In 2009 the Constant Spring hydropower plant was<br />

rehabilitated and put back into service at a cost <strong>of</strong> US$1 million.<br />

The PCJ has updated hydropower studies for Laughlands, Great River and Back Rio<br />

Grande over the past two years (2008 – 2010) to indicate the energy and investment<br />

potentials. The schemes have capacity potentials ranging from 1 MW to 8 MW. The<br />

goal <strong>of</strong> PCJ’s hydropower development initiative is to stimulate productive uses <strong>of</strong><br />

hydroelectric power for poverty alleviation, environmental sustainability and economic<br />

growth. The objectives are to:<br />

Mobilize inves<strong>tor</strong>s with proven experience and financing capabilities,<br />

Create local employment and development opportunities in rural communities,<br />

Leverage the Clean Development Mechanism<br />

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