Proposed Nevis Geothermal Project Site
The Nevis Island Administration has extended the deadline for bids on the drilling phase of its geothermal project to April 9, 2023. The announcement was made by Hon. Mark Brantley, Premier of Nevis and Minister of Energy, during his monthly press conference on March 28, 2023. The deadline was initially set for March 9, 2023.
Premier Brantley stated that the response to the project has been overwhelming, with over 30 companies indicating their interest in bidding. The Caribbean Development Bank (CDB), which is funding the drilling phase of the project, has extended the bidding period to allow for clarification and information requests from interested parties.
The Nevis Electricity Company (NEVLEC) has responded to over 100 inquiries for information about the project. Once the bidding process is closed, all bids will be evaluated, and the necessary approvals obtained before a contract is awarded. The evaluation period is expected to last six months, with drilling (#ad) anticipated to commence within six months of the contract signing.
The CDB has approved ths US $17 million geothermal project for the drilling of three production wells and two injection wells at the site in Hamilton, Nevis. Premier Brantley stated that his administration is eager to move forward with this development, as it will be transformative for the island of Nevis.
In summary, the Nevis Island Administration has extended the deadline for bids on its geothermal energy project. Over 30 companies have expressed interest in bidding, and the CDB has extended the bidding period to allow for clarification and information requests. The project is expected to be transformative for the island of Nevis and is being funded by the CDB, with drilling anticipated to commence within six months of the contract signing.