Join our forum Subscribe to mailing lists
Join a chatroom Join a meeting
Browse the site by category

Legal action threatened against Nevis Government over new Geothermal Concession

CHARLESTOWN, Nevis — West Indies Power (WIP) has instructed its legal counsel to begin legal action against the Nevis Island Administration (NIA) for awarding to Nevis Renewable Energy International (NREI) a concession to develop geothermal resources on Nevis. 


In a press statement on Saturday, WIP claimed it is currently is the legal holder of the concession to develop geothermal resources on the island of Nevis, pursuant to a contract with the NIA, which it said is in full force and effect.

Kerry McDonald, CEO of WIP stated, “ The action of the NIA in seeking to grant a concession to develop the geothermal resources on Nevis to NREI, while there is an existing contract with WIP, is an intentional breach of contract and has no legal effect.”

McDonald has instructed lawyers for WIP to begin a legal action against the NIA to challenge its action, as well as for damages against the NIA for its actions.

WIP said it will continue to defend its contractual rights to develop the geothermal resources located on Nevis.

Last week, the NIA and NREI completed and signed a concession agreement for the development of geothermal power for the island of Nevis.

The agreement initiates the phased process of financing, geologic testing, drilling, design and construction of a geothermal power generating station.



Category/ies:News, St Kitts and Nevis News.
RSS: RSS 2.0 Both comments and pings are currently closed.

Comments are closed.

View My Stats