The Guyana Power and Light company (GPL) has signed a US$15.6 Million contract with InterEnergy Group of the Dominican Republic for supervisory, engineering and project management consultancy services.

The agreement is intended to support the acceleration of the modernization of Guyana’s energy infrastructure, GPL said in a statement.

InterEnergy is expected to help Guyana improve its grid reality and advance the country’s transition towards a smart grid.

“The two-year contract follows a Memorandum of Understanding (MoU) signed in 2024, which laid the groundwork for technical collaboration, project management, and capacity building,” GPL said.

It was explained that under the agreement InterEnergy will provide project management and oversight for major infrastructure projects, ensuring technical compliance, timely execution and integration of smart technologies.

The company is also expected to deliver technical advisory services in operation and maintenance of generation assets, conduct audits, and recommend improvements for reliability, efficiency and cost-effectiveness, lead smart grid integration, including technical gap analysis, developing cost-effective expansion plans and designing the integration roadmap for full-scale smart grid deployment.

Under the agreement, InterEnergy is also expected to support capacity building and reporting, and deliver regular progress reports.

According to the statement, Minister of Public Utilities and Aviation, Deodat Indar underscored the importance of capacity building within GPL.

“It was a very rigorous negotiation process. The contract reflects the best interests of both the Government of Guyana and InterEnergy Holdings. I look forward to seeing the partnership between GPL and InterEnergy over the next two years result in tangible improvements within the electricity sector,” Minister Indar said.

GPL Chairman, Maurice Gajadhar, described the partnership as a historic step forward in strengthening regional ties and advancing Guyana’s development.

“Today marks a significant milestone in the relationship between the Dominican Republic and Guyana. This collaboration reflects the willingness of two friendly nations to work together for mutual progress. As Chairman of GPL, I am very excited about the expertise that InterEnergy will bring to our country. As Guyanese, we are proud to be among the fastest-growing economies in the world, and this partnership is proof that we are matching words with action,” Gajadhar said.

Rolando González Bunster, Chairman of the InterEnergy Group, said the two sides have built a partnership that goes beyond the value of the contract.

According to him, it represents a meaningful connection and a symbol of commitment to supporting a country like Guyana.

The Head of GPL’s Executive Management, Kesh Nandlall said the collaboration represents a significant step toward transforming Guyana’s electricity landscape, improving service delivery, and ensuring that the grid is equipped to meet the country’s growing demand and the 2030 goal of a smart grid.

In defending what was then a proposed contract, President Irfaan Ali, last month said similar services could cost the country as much as US$40M. The procurement contract was single sourced. It was placed before Cabinet on July 17, 2025.

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