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Barbados finally signs off on plant

Barbados has finally signed off on the much discussed multimillion-dollar state of the art plasma gasification waste-to-energy project set for Vaucluse in St Thomas.

Minister of Finance and Economic Affairs Chris Sinckler made this announcement today in the House of Assembly during his near three-hour introduction of the 2014-2015 Estimates Of Revenue And Expenditure.

Ministers and officers of Government with Cahill Energy CEO Clare Cowan (at centre) after signing of deal for waste-to-energy project.

Ministers and officers of Government with Cahill Energy CEO Clare Cowan (at centre) after signing of deal for waste-to-energy project.

Making the announcement, the St Michael North-West MP said: “On Saturday, the Sanitation Service Authority, along with the Ministry of the Environment and Drainage, the Ministry of Finance, Ministry of Housing and Lands, and the Ministry of Energy on behalf of the Government of Barbados signed for the construction of a state of the art plasma gasification waste to energy plant to be constructed and operated at Vaucluse in St Thomas between Cahill Energy and the Government of Barbados.

“A major international energy company out of Canada is proposing and will invest in Barbados at least a minimum of US$240 million with the potential to raise it to US$300 [million], and it portends massive spin-offs in the economy,” he stated.

Coming at a time when the island was seeing, what the minister termed “a softening in foreign direct investment” over the past two years, he noted that this was “a much welcome investment over the next three years”.

“Any single investment that equates to more than six per cent of GDP is bound to create serious ripples across the country as a whole, as hundreds of Barbadians find work in the construction and operation of the plant. Equally important is the massive spend which it will create as this project goes forward and builds out. It will assist scores of Barbadians to find jobs and generate small and medium-sized business activities around Barbados.”

Sinckler pointed out that when the company becomes operational it will save Government approximately $30 million a year and $900 million over a 30-year period. He disclosed that with the elimination of the stench from Mangrove Lanfill, Sandy Lane has promised to expand investment at its site which is downwind to the landfill.

Meanwhile, Cahill Energy officials have claimed that when operational, the plant will be capable of generating 25 per cent of the island’s energy, providing the Government with several hundred million dollars in estimated savings over the 30-year lifetime of the contract.

3 Responses to Barbados finally signs off on plant

  1. Robert Holloway
    Robert Holloway March 17, 2014 at 10:14 pm

    impressive savinsg

  2. Damian Clarke
    Damian Clarke March 18, 2014 at 1:03 am

    this is a waste of taxpayers money! we in Barbados don’t produce enough waste to power this plant 75% of our waste can be recycled so where are we going to get the large tonnes of garbage from to power this plant?!!! guess we will have to start buying other countries garbage.

  3. Tony Webster March 18, 2014 at 5:42 am

    Stale newz, since yesterday’s debate in the house, where we learnt that these plasma folks don’t even have a decent web-site, far less hard facts of competence in anything like waste-to-plasma energy. They DO have a “shell company” in Guernsey, however. Shell company; shell game? These people smell “higher” than Mount Stinkaroo on a hot and windless day.
    Swift answers please to ALL of Mia’s questions!!


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