St. Kitts and Nevis Deputy Prime Minister Secures USD $40 Million Agreement for Needsmust Power Plant

In a significant move towards enhancing energy infrastructure and sustainability, St. Kitts and Nevis Deputy Prime Minister Hon. Dr. Geoffrey Hanley has inked a landmark agreement securing USD $40 million from the Saudi Development Fund. The funds are earmarked for the purchase of modern generators aimed at transforming the Needsmust Power Plant, a crucial step towards ensuring a reliable and efficient power supply for the nation.

The agreement represents a major milestone in the efforts to modernize the country’s energy infrastructure and reduce dependency on traditional sources of power generation. Special acknowledgment is extended to the Government of the Kingdom of Saudi Arabia for their generous contribution, underscoring their commitment to fostering partnerships and promoting climate-smart sustainable development initiatives.

The infusion of funds will enable St. Kitts and Nevis to upgrade its power generation capabilities, harnessing advanced technologies to meet the growing energy demands of its citizens and businesses. The modernization of the Needsmust Power Plant is expected to yield long-term benefits, including improved reliability, reduced emissions, and enhanced energy efficiency.

Deputy Prime Minister Hon. Dr. Geoffrey Hanley expressed gratitude for the invaluable support from the Saudi Development Fund, emphasizing the importance of collaboration in building a resilient and sustainable future. The agreement signifies a significant step forward in the nation’s quest for energy independence and environmental stewardship, paving the way for a brighter and greener tomorrow.

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