{"id":314495,"date":"2023-12-28T12:17:12","date_gmt":"2023-12-28T16:17:12","guid":{"rendered":"https:\/\/dominicanewsonline.com\/news\/?p=314495"},"modified":"2023-12-28T12:17:12","modified_gmt":"2023-12-28T16:17:12","slug":"parliament-convenes-on-friday-december-29-2023","status":"publish","type":"post","link":"https:\/\/dominicanewsonline.com\/news\/governance\/parliament-convenes-on-friday-december-29-2023\/","title":{"rendered":"Parliament convenes on Friday, December 29, 2023"},"content":{"rendered":"
\"\"
A view of parliament building<\/figcaption><\/figure>\n

Parliament will convene on Friday, 29th December, 2023 at 10: 00 a.m. at the House of Assembly. Minister for Finance, Economic Development, Climate Resilience and Social Security, Hon. Dr. Irving McIntyre will table a motion for the authorization of a bank guarantee to secure the commitment made in the project financing agreement between the Government of Dominica and Geothermal Power Company of Dominica (2023) Limited, owned by Ormat Technologies, Inc.<\/p>\n

Ormat Technologies Inc., of Nevada, United States entered into an agreement on December 5th, 2023 with the Government of Dominica to finance, build and operate a 10 megawatt Geothermal Power Plant in Laudat at no cost to the Government. Under the agreement, the fully operational plant will be transferred to the Government of Dominica
\nafter 25 years.<\/p>\n

The Government of Dominica will seek parliamentary approval to obtain a bank guarantee from the National Bank of Dominica in the amount of EC$ 13.5 million to secure the commitment for the construction of the Geothermal Power Plant.<\/p>\n

The Government of Dominica is taking final steps towards commercial operations after drilling seven geothermal wells in Laudat, Wotten Waven and Trafalgar and sourcing a geothermal resource capable of supporting 10 megawatts of electricity generation in Laudat. The Government has also approved the design for the construction of a new efficient and resilient electricity transmission network from the Roseau Valley to Fond Cole connecting the geothermal power plant to the hydroelectric power plant and to the national grid.<\/p>\n

The proceedings of parliament will be broadcast live via the Government Information Service (GIS) and the Dominica Broadcasting Station (DBS).<\/p>\n","protected":false},"excerpt":{"rendered":"Parliament will convene on Friday, 29th December, 2023 at 10: 00 a.m. at the House of Assembly. Minister for Finance, Economic Development, Climate Resilience and Social Security, Hon. 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