Geothermal contract with WIP has not been cancelled – Developers counter
The Nevis Island Administration (NIA) has stated that it is free to pursue the development of geothermal energy in Nevis by its own means pursuant to a High Court ruling made on January 16th. This statement by the NIA is not true. The ruling does not cancel West Indies Power (Nevis) Ltd (WIPN) existing contract with NIA to develop the geothermal resources on Nevis.
WIP has not been able to proceed with further development of this project due to obstacles that the NIA has placed in its way.
WIP will continue to defend its contractual rights to develop the geothermal resources located on Nevis.