Castlerock Consulting
    March 31 2011

    Castlerock awarded contract for geothermal pre-feasibility study in Vanuatu.

    Following a competitive tender, the World Bank has engaged Castlerock to prepare a pre-feasibility study for a geothermal power project and associated network investment in Vanuatu. Castlerock will assess whether geothermal development at Takara on the island of Efate can provide least-cost power generation and facilitate grid extension to areas that that do not yet enjoy electricity access. Castlerock will then formulate commercial and regulatory arrangements to support optimal development of the least-cost resource.