Guyana Power and Light Incorporated (GPL) signs a non-binding Memorandum of Understanding (MoU) with Pacific & Auro Power Inc., a joint venture between a local company and a multinational company. The agreement, signed on Tuesday, sets out a framework for identifying, evaluating and potentially developing power sector infrastructure projects in Guyana, specifically including upgrades to the national power distribution network. GPL describes the MoU as non-exclusive, indicating it does not restrict GPL’s ability to pursue other arrangements. Under the MoU, the parties are expected to explore opportunities and assess potential project needs, though the document does not commit either side to particular projects or financing terms at this stage. INews Guyana and Kaieteur News both report that the MoU is strategic and is intended to guide initial discussions and reviews for prospective grid-related work. Both outlets characterize the MoU as an exploratory step rather than a binding contract.