terms of reference tor # mempcj201006037re - Petroleum ...
terms of reference tor # mempcj201006037re - Petroleum ...
terms of reference tor # mempcj201006037re - Petroleum ...
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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 />
10