Drilling for geothermal project expected to commence in April 2019 on Saint Vincent
With the equipment on its way, it is expected that drilling for the geothermal power project on Saint Vincent and the Grenadines can start as early as April 2019, with first results expected in June.
With the drilling rig on its way to Saint Vincent and the Grenadines in the Caribbean, the Prime Minister, Dr. Ralph Gonsalves is hopeful that drilling can start as early as April this year.
The first results from drilling are then to be known in June 2019 giving an indication of the available resource for a planned geothermal power plant.
A drilling contract was signed between the developer Reykjavik Geothermal and Iceland Drilling Company in November 2018 , as we reported.
It is expected that up to 100 containers with the equipment for the drilling rig will arrive in the first week of April. Funding for the drilling campaign will come from a US$15 million soft loan provided by the Abu Dhabi Development Fund.