Jamaica grants license to Hong Kong-based energy company for major gas-fired project

A Hong Kong-based energy company has been granted a license for what would be a major new power project in Jamaica.

Energy Minister Phillip Paulwell announced Tuesday that Energy World International was granted a license to supply 381 megawatts of gas-fired generating capacity to the Caribbean island's grid.

Paulwell says the natural gas project is a "game changer" for the tropical country that is almost entirely dependent on imported diesel and oil. He says it will be implemented over a period of 26 months and will lower Jamaica's high electricity costs.

Energy World did not immediately respond to an email seeking comment.

The project would be the biggest power-generating plant on the island.

Various private-sector groups and watchdog agencies have criticized the evaluation process for the project.