The ambitious 300-megawatt natural gas-fired power plant in Wales, West Bank Demerara, has reached 68.3% completion despite a 14-month delay caused by extensive soil stabilization efforts. LINDSAYCA Guyana Inc. Chairman Nelson Drake revealed the update during the 2025 International Business Conference, highlighting the US$100 million investment required to prepare the site for construction. The project, initially delayed due to disputes with Puerto Rico-based CH4, is now on track to commence electricity generation between January and March 2026. The soil stabilization process, deemed critical for the project’s success, utilized advanced technology to ensure the site could support the heavy infrastructure, including four main turbine foundations made of 44,000 cubic meters of cement. Drake emphasized the complexity of the project, noting that 89% of engineering, 90.46% of procurement, and 23% of construction have been completed. Over 75% of the equipment, including gas turbines, steam turbines, transformers, and cooling towers, has already arrived in Guyana. The natural gas liquids facility, currently in Houston, is expected to be on-site by year-end. Once operational, the plant will utilize 50 million cubic feet of gas produced by ExxonMobil, generating significant energy savings and reducing electricity costs by 50% for Guyanese households. The project is also projected to contribute US$200 million annually to the Guyana government’s treasury through energy savings and condensate sales.