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India proposes $10 million to fund renewable projects in St. Kitts and Nevis

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By Devonne Cornelius

St. Kitts and Nevis (WINN): The Government of St. Kitts and Nevis has been engaged in talks with the Government of India through its local representative His Excellency Dr. K.J. Srinivasa to develop the renewable energy sector in St. Kitts and Nevis. 

Speaking at a media briefing on Thursday, January 13, 2022, Dr. Srinivasa told journalists of the plans discussed with Prime Minister the Hon. Dr. Timothy Harris and other senior government ministers and officials in a series of meetings held over the past few days. 

“I proposed to the Government of St. Kitts and Nevis of the Indian offer of a $10 million line of credit for solar energy projects. This is a commitment by the Government of India which was stated by the Prime Minister of India Narendra Damodardas Modi in 2019 on the sidelines of the UNGA as part of a $150 million commitment to the CARICOM countries,” His Excellency Dr. Srinivasa said.

He added: “I have offered this to the government of St. Kitts and Nevis and we hope to hear back from them with a proper project proposal because I understand St. Kitts and Nevis wants to move fully into renewable energy.” 

His Excellency Dr. Srinivasa said similar projects are ongoing across the Caribbean region. The Government of Guyana is using $7 million of the $10 million to electrify some 30,000 rural households with solar energy. An additional $2.5 million will be used for the electrification of the Cheddi Jagan International Airport. 

The proposal of $10 million to fund renewable energy projects in St. Kitts and Nevis forms part of the Government of India’s commitment of $150 million to develop the renewable sector CARICOM countries. 

 

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