April 19, 2018
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BAHAMAS Power and Light’s chairman Donovan Moxey yesterday revealed the corporation was considering a review of BPL’s disconnection policy in view of the temporary hike in electricity costs.
DESPITE announcing nearly three months ago that he ordered a probe into matters of concern at Bahamas Power and Light, Prime Minister Dr Hubert Minnis confirmed yesterday no investigation has begun, but insisted he told the truth in pledging issues a
AMID what has been deemed an energy crisis by some, public outcry over the increasing electricity costs has become commonplace in our society. Similarly, the lackadaisical response from our elected leaders has been disheartening. Indubitably, Bahamas Power and Light has become our nation’s greatest failure.
THE increased value added tax exemption ceiling on power bills will have “limited” impact on consumer expenses, Bahamas Institute of Chartered Accountants President Gowon Bowe has insisted, while likening spiked electricity costs to having a second mortgage.
BAHAMAS Power and Light (BPL) and its chairman yesterday slammed claims that electricity rates will increase by 70 per cent as “irresponsible” and “false ramblings”.Dr Donavon Moxey, pictured, slammed such suggestions as “actually false”, and added:
THE country was said to be one step closer to lower energy bills and more stable electricity generation with the signing of a memorandum of understanding between Bahamas Power and Light and Shell North America for an integrated LNG gas-to-power project.
The poorest 40 percent of Bahamian society are among the hardest hit in the Latin American and Caribbean region by any increase in fuel prices, an IDB study has found.The newly-released Inter-American Development Bank (IDB) report, which analyses the
BAHAMAS Power and Light CEO Whitney Heastie last night dismissed claims recent fires at the company’s Clifton Pier Plant could cost the energy provider as much as $150m.
MORE than two weeks after the former board of Bahamas Power and Light disintegrated, details remain scarce about the investigation Prime Minister Dr Hubert Minnis pledged to launch into the board’s meltdown.“He hasn’t appointed a team,” press secreta
BAHAMAS Electrical Workers Union President Paul Maynard claimed yesterday that around 50 non-Bahamians were set to be brought on at Bahamas Power and Light in the aftermath of 314 workers receiving voluntary separation packages.Expressing his anger a
BAHAMAS Power and Light Chairman Donovan Moxey yesterday said the newly appointed board’s biggest challenge was working to instill public confidence in the company and stabilise operations.Mr Moxey also tackled controversy surrounding published revel
BAHAMAS Electrical Workers Union president Paul Maynard said yesterday while he never intended for a letter he wrote to Bahamas Power & Light’s CEO Whitney Heastie to become public, he stands by “every word” written.
DARRON Cash, former chairman of the Free National Movement, said Prime Minister Dr Hubert Minnis should solicit recommendations from Official Opposition Leader Philip “Brave” Davis concerning who should investigate the disintegration of Bahamas Power & Light’s board last week.
THE government will launch a formal investigation into the saga at Bahamas Power and Light and the circumstances that led to the shock dissolution of its board of directors and a bitter war of words with top officials.
Bahamas Power & Light’s (BPL) Board split was sparked by disputes over generation technology for the new, low-cost power plant and executive appointments, Tribune Business can reveal.
A REVIEW of the tender process for Bahamas Power and Light’s generation supply contract is high on the agenda for its new board, according to incoming Chairman Donovan Moxey.Mr Moxey told The Tribune board members will work to establish a baseline at
A NEW board of directors has been appointed at Bahamas Power and Light following its shock dissolution earlier this week.
BAHAMAS Power and Light plummeted to a state of uncertainty and chaos yesterday after the entire board of directors resigned following several months of “dysfunction” and purported infighting, stagnating the action needed to turn things around for the electricity provider.
WITH 314 Bahamas Power and Light employees opting to receive voluntary separation packages which will result in more than $70m paid out over a period of time, Works Minister Desmond Bannister said employee departures have been staggered to ensure that the efficiency of Bahamas Power and Light is not negatively affected.
WORKS Minister Desmond Bannister yesterday announced a $1.2m allocation for infrastructural upgrades at Bahamas Power and Light’s Clifton Pier substation.Addressing the June 25 island-wide outage, where a lightning strike disabled the station’s entir
BAHAMAS Power & Light has more than enough generation capacity to ensure Bahamians have a summer free of load shedding, but officials cannot guarantee the utility provider’s aging equipment will hold up all the way through the demanding season.
THE design of a protection system needs to be foremost in any plans being pursued by Bahamas Power & Light executives, according to Bahamas Electrical Workers Union President Paul Maynard.
A LIGHTNING strike caused an island-wide power outage yesterday evening, Bahamas Power & Light Chairwoman Darnell Osbourne said.
FINANCIAL crisis was cited as the reason government yesterday passed a resolution to borrow $211m to aid the Bahamas Electricity Corporation.This undesirable situation, the resolution said, was caused by the high cost of fuel in 2018, funding of capi
Bahamians must brace for “a very expensive summer”, the Chamber of Commerce’s chief executive warned yesterday, as global oil prices surged to $80 per barrel.
THE Electricity Amendment Bill 2018 was passed yesterday in the House of Assembly through which Bahamas Power and Light (BPL) will be better able to secure vital funding.In addressing the new bill Works Minister Desmond Bannister told MPs: “In order
A foreign expert who will be contracted by Bahamas Power and Light to gauge its electrical service system for potential instabilities will arrive in the country next month, according to BPL chairwoman Darnell Osborne.
AREAS of New Providence were hit by power outages last night - with Bahamas Power and Light blaming “inclement weather”.
BAHAMAS Electrical Utility Managerial Union (BEUMU) president Paul Maynard unleashed a fiery rebuke of the Bahamas Power and Light (BPL) management last week when execs at the utility company said they would be downsizing, effectively making 233 people redundant over an 18-month period.
MINUTES after Bahamas Power and Light’s CEO Whitney Heastie outlined steps BPL plans to scale down service disruptions in anticipation of the hot summer, New Providence was struck by an island wide power outage.