With time running out for salvaging the Amaila Falls Hydro Project, Parliament?s largest Opposition party has challenged the members of the local Private Sector to examine the possibilities of investing in the deal.The call was made by former Finance Minister, Carl Greenidge, during a public forum on Amaila last week at St. Stanislaus College, Brickdam. The session, organized by the Working People?s Alliance (WPA),[url=http://www.wholesalejerseyssale.us@#$%&/]Cheap Jerseys Authentic[/url], also saw presentations from Professor Clive Thomas, the party?s Co-leader and a prominent financial analyst, who writes a weekly newspaper column.Carl GreenidgeWPA is one of the 10 parties which make up A Partnership for National Unity (APNU),[url=http://www.wholesalejerseyssale.us@#$%&/]Cheap NFL Jerseys China[/url], the largest Opposition faction in the National Assembly. Both APNU and the Alliance For Change (AFC) make up a one seat majority in the National Assembly.According to Greenidge, it is strange that despite heavily backing the project, there was no move by the Private Sector Commission,[url=http://www.wholesalenfljerseyssale.us@#$%&/]Cheap Jerseys From China[/url], which represents a cross-section of powerful businesses including banks and manufacturers, to throw its money into it.There have been objections over the financing structure of the project,[url=http://www.cheapjerseysauthenticonline.us@#$%&/]Cheap NFL Jerseys China[/url], including a significant portion allocated for political risk insurance.Last week, Greenidge, a senior MP for APNU,[url=http://www.cheapjerseysshare.us@#$%&/]Wholesale China Jerseys[/url], called for the Government to consider raising some of the monies needed for the project on the local market. His suggestion sparked objections in some circles.?The Private Sector should contribute if they believe so much in this project?let them put their money where their mouth is. (It) shows the attitude itself of the Private Sector (Commission) and irresponsibility of some persons who purportedly speak in support of Government.?Greenidge made it clear that there is nothing wrong with Guyana examining the possibilities of raising the monies locally.Both Greenidge and Dr. Thomas suggested that one of the ways to do so is via the issuance of bonds. Bonds provide the borrower with external funds to finance long-term investments, or, in the case of government bonds, to finance current expenditure.The Amaila Falls Hydro Project, the country?s biggest ever infrastructural undertaking,[url=http://www.cheapjerseysfan.us@#$%&/]Authentic Jerseys Cheap[/url], both in terms of magnitude and costs, has been fighting an uphill battle of survival with the US developer, Sithe Global announcing its pullout recently after Parliamentarians failed to agree on two key pieces of legislations critical to the financing for the US$858M project.Meanwhile, Professor Thomas warned that the Private Sector should be careful about the details of the project as there is the very likely possibility that regulations could be used to force a number of large businesses to use hydro power when it comes on stream.Currently, several large businesses, including the several fisheries concerns, Bank DIH and Demerara Distillers Limited, are using self generating current.They are allowed to import fuel for their generators without paying some of the necessary taxes.  Government is hoping that it will attract some of these companies to hook up back onto the national grid to take up some of the power that Amaila will be generating.With 40% of GPL?s system on standby, it is ironic that local businesses will in all likelihood be forced to abandon its massive investments in generating capacity, Thomas said.Government has already signaled its intentions to take away the tax waivers once Amaila is operational.Government is banking on the hydro project to reduce its foreign imports of fossil fuel for energy, its biggest annual expense. The project, which has heavily divided the country?s political parties, has also drawn comments from the diplomatic community with even the business sector putting in its two cents.APNU, meanwhile, remained steadfast that a number of critical questions remained unanswered over the mounting costs of the hydro project.President Donald Ramotar has called for one last ditch attempt at talks to smooth out the differences.