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GOVERNMENT TO SEEK PARLIAMENTARY APPROVAL FOR FINANCING OF ELECTRICITY TRANSMISSION NETWORK

Roseau, Dominica – April 26, 2024… The Government of Dominica will seek

parliamentary approval of a credit facility to finance the development of a new electricity

transmission network from the Roseau Valley to Fond Cole when Parliament convenes on

Monday, April 29, 2024.


Minister for Finance, Economic Development, Climate Resilience and Social Security, Hon.

Dr. Irving McIntyre will table the resolution for the authorization of the credit facility of

EC$103.95 million from the International Development Association (IDA).


As Government advances the development of Dominica’s geothermal resource, a new

electricity power plant is required to connect the geothermal power plant in Laudat to the

hydroelectric power plants in the Roseau Valley and to DOMLEC’s sub-station at Fond Cole

for distribution to electricity consumers.


The Government of Dominica will also table a motion for the approval of supplementary

estimates for the year 2023/24 amounting to EC$ 52, 441, 040; and introduce a Bill for an

Act to amend the Tax Information Exchange Act.


Parliament will begin at 10:00a.m


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