Guyana Power and Light Inc (GPL) has forged a new international partnership aimed at strengthening the country’s power grid, signing a Memorandum of Understanding with Global South Utilities Power Enterprises Investment LLC of the United Arab Emirates.
The GSU delegation met with President Dr Irfaan Ali and held talks with private and public sector stakeholders before the signing.
The agreement was signed by Head of GPL’s Executive Management Committee Kesh Nandlall and Chief Executive Officer of Global South Utilities 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 Development Plan, which aims to modernise Guyana’s electricity network, improve service reliability, increase generation capacity and integrate new technologies to meet growing energy demand.
Nandlall described the agreement as an important milestone in GPL’s transformation.
“This partnership with Global South Utilities creates opportunities to leverage international expertise, innovative technologies and strategic investments that will help accelerate the delivery of our Development Plan and ultimately provide a more reliable and efficient electricity service for the people of Guyana,” he said.
Alshimmari welcomed the partnership, saying the company was eager to contribute its international expertise to Guyana’s expanding energy sector.
Under the MoU, GPL and GSU will collaborate on identifying, evaluating and developing power and energy projects, including joint feasibility studies and exploration of financing, technical cooperation and implementation strategies. Individual initiatives will be governed by separate definitive agreements.
GSU brings international experience in developing, financing and operating power infrastructure projects, particularly in emerging markets. GPL said it expects to benefit from global best practices and advanced technologies to support the modernisation of Guyana’s electricity network.
The partnership is expected to advance renewable energy integration, strengthen generation capacity and introduce smart infrastructure to improve reliability and service delivery, as GPL continues efforts to expand and modernise the sector amid the country’s economic growth.
