Amaila Declines Project Guyana Essay

Amaila Comes Hydro, Inc.

Georgetown, Guyana

For Immediate Release to All Media Houses

March 22, 2011

Amaila Falls Hydro Inc. Publishes Environmental and

Social Effects Assessment Report for Public Comment

Amaila Falls Hydro Inc. (" AFH”) can be pleased to discharge the current Environmental and Social Impact Assessment Survey (" ESIA”) on the proposed Amaila Hydropower Project (the " Project”). The ESIA can be found online at www.amailahydropower.com and should rapidly be available for the Guyana Epa website in http://www.epaguyana.org. Branded copies will be available for assessment at:

Environmental Protection Agency

Ganges Street

Sophia, Georgetown

Amaila Falls Hydro, Incorporation.

233 Suerte Gibbs Road

Georgetown

Guyana National Collection

Church Avenue

Georgetown

The ESIA Record provides stakeholders with:

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•

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Detailed information on the Project's proposed development An extensive description with the baseline interpersonal and biophysical environment A thorough analysis of potential Task impacts, and

A administration plan that contains mitigation/compensation procedures to ensure conformity with Guyana and foreign safeguards

" The Environmental and Social Impact Assessment is known as a key element of the project development process. Functioning forward to consulting with interested areas and the partners to be given their important input, ” said Rafael Herz, Older Vice-President at Sithe Global who oversees the Amaila Hydropower Job.

The ESIA presents the advantages of the Task to the people of Guyana, including: •

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•

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Setting up a dependable, renewable energy source pertaining to Guyana

Minimizing both long-term energy cost and experience of oil value volatility Obtaining major lowering of carbon exhausts

Lessening the reliance upon imported olive oil to electrical power fossil fuel energy sources Featuring significant innovations to indication and communications infrastructure

" The Amaila Hydropower Task has the potential...

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