Project Guyana

In April 2024, Karpowership signed a trilateral agreement with Guyana Power and Light Incorporated, and UCC Holding, a Qatar-based infrastructure company to meet the urgent energy demand in Guyana.

The Project involves two separate contracts, under which, UCC Holding leases a Powership from Karpowership to provide energy to Guyana Power and Light Incorporated, supplying 27% of Guyana’s total electricity demand. Karpowership provides UCC Holding with leasing, operation, and maintenance services for a Powership with an initial capacity of 36 MW for two years.